The Zero Root Problem: A Note on the Dynamic Determination of the Stationary Equilibrium in Linear Models

DOI10.2307/2297627zbMath0555.90024OpenAlexW2033638453MaRDI QIDQ3220298

Francesco Giavazzi, Charles Wyplosz

Publication date: 1985

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297627

zbMATH Keywords

stability conditionsindeterminacyunique solutionstationary equilibriumdifferential equation systemsspeed of adjustmentsingular transition matriceszero root problem

Mathematics Subject Classification ID

Economic growth models (91B62) Linear ordinary differential equations and systems (34A30) Numerical investigation of stability of solutions to ordinary differential equations (65L07)

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