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Unique Solutions of Some Recursive Equations in Economic Dynamics

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Author Info

  • Massimo Marinacci
  • Luigi Montrucchio

Abstract

We study unique and globally attracting solutions of a general nonlinear equation that has as special cases some recursive equations widely used in Economics.

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File URL: http://www.carloalberto.org/assets/working-papers/no.46.pdf
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Bibliographic Info

Paper provided by Collegio Carlo Alberto in its series Carlo Alberto Notebooks with number 46.

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Length: 45 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:cca:wpaper:46

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Related research

Keywords: Recursive equations; Intertemporal consumption;

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Cited by:
  1. Ani Guerdijkova & Emanuela Sciubba, 2012. "Survival with Ambiguity," Birkbeck Working Papers in Economics and Finance 1216, Birkbeck, Department of Economics, Mathematics & Statistics.

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