Monetary equilibrium and the differentiability of the value function

DOI10.1016/J.JEDC.2008.06.010MaRDI QIDQ2271641zbMATH OpenOpenAlexFDO

Authors Gabriele Camera, Charalambos D. Aliprantis, Francesco Ruscitti

Publication date 7 August 2009

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://digitalcommons.chapman.edu/economics_articles/84

zbMATH Keywords

moneyoptimal plansvalue function

Mathematics Subject Classification ID

Dynamic programming in optimal control and differential games (49L20) General equilibrium theory (91B50) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Characterization of optimal plans for stochastic dynamic programs
• Dynamic Monetary Equilibrium in a Random Matching Economy
• Envelope Theorems for Arbitrary Choice Sets
• scientific article; zbMATH DE number 3126094 (Why is no real title available?)
• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• scientific article; zbMATH DE number 3239667 (Why is no real title available?)
• scientific article; zbMATH DE number 3365044 (Why is no real title available?)
• Infinite dimensional analysis. A hitchhiker's guide.
• On Lipschitz continuity of policy functions in continuous-time optimal growth models
• On the Differentiability of the Value Function in Dynamic Models of Economics
• Optimization and chaos.
• The distribution of money and prices in an equilibrium with lotteries

Cited in

(3)

• On default and uniqueness of monetary equilibria
• Subdifferentials of nonconvex integral functionals in Banach spaces with applications to stochastic dynamic programming
• The incompatibility of valued money and equilibrium policy

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