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Describing the Dynamics of Distribution in Search and Matching Models by Fokker-Planck Equations

  • Wälde, Klaus
  • Bayer, Christian

This paper provides the proofs to the analysis of a continuous time matching model with saving in Bayer and Wälde (2010a). The paper proves the results on consumption growth, provides an existence proof for optimal consumption and a detailed derivation of the Fokker-Planck equations.

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File URL: http://econstor.eu/bitstream/10419/48736/1/VfS_2011_pid_532.pdf
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Paper provided by Verein für Socialpolitik / German Economic Association in its series Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis with number 48736.

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Date of creation: 2011
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Handle: RePEc:zbw:vfsc11:48736
Contact details of provider: Web page: http://www.socialpolitik.org/
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  28. Andrew W. Lo, . "Maximum Likelihood Estimation of Generalized Ito Processes with Discretely Sampled Data," Rodney L. White Center for Financial Research Working Papers 15-86, Wharton School Rodney L. White Center for Financial Research.
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