On the Formulation of Continuous Time Macroeconomic Models with Asset Accumulation

DOI10.2307/2525767MaRDI QIDQ4139924zbMATHOpenAlexFDO

Authors Stephen J. Turnovsky

Publication date 1977

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2525767

Mathematics Subject Classification ID

Trade models (91B60)

Cited in

(7)

• On lags and chaos in economic dynamic models
• Price expectations, disequilibrium adjustments, and macroeconomic price stability
• Consumer buying dynamics for a single commodity using flow and stock utilities and a principle of minimum total utility imbalance
• Robust mathematical formulation and probabilistic description of agent-based computational economic market models
• Indeterminacy and period length under balanced budget rules
• Consistency of flow equilibrium specification of asset market with transactions theory of demand for money
• Balance sheet identity and Walras' law

This page was built for publication: On the Formulation of Continuous Time Macroeconomic Models with Asset Accumulation

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4139924)