Smoothness of the policy function in continuous-time economic models. The one-dimensional case

DOI10.1016/0165-1889(91)90042-YzbMath0755.90014OpenAlexW1541768174MaRDI QIDQ1177288

Jean-Luc Vila, Manuel S. Santos

Publication date: 26 June 1992

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(91)90042-y

zbMATH Keywords

infinite horizonsmoothness of the optimal policy functionstrongly concave objective functions

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items

On high-order differentiability of the policy function ⋮ On the sensitivity of optimal growth paths ⋮ Strong concavity properties of indirect utility functions in multisector optimal growth models ⋮ Approximate dynamic programming for stochastic \(N\)-stage optimization with application to optimal consumption under uncertainty ⋮ Smooth dynamics and computation in models of economic growth ⋮ Smooth dynamics and computation in models of economic growth ⋮ On non-existence of Markov equilibria in competitive-market economies

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