Dynamics of Continuous Time and Related Discrete Time Economic Models / Dynamische Modelle mit stetiger Zeit und verwandte zeitdiskrete Modelle

Summary We compare the dynamic behaviour of a given linear economic model with continuous time and two discrete time models derived from it. The latter two models with discrete time play an important role in the literature on econometric models with continuous time. We analyze and compare the eigenvalues of the models, and obtain results with respect to the stability behaviour and the periods of oscillations that arise in the case of complex eigenvalues.

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Year of publication:	1994
Authors:	Nieuwenhuis, Herman J. ; Schoonbeek, Lambert
Published in:	Jahrbücher für Nationalökonomie und Statistik. - Lucius & Lucius, ISSN 2366-049X, ZDB-ID 2416178-0. - Vol. 213.1994, 3, p. 257-277
Publisher:	Lucius & Lucius

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	German
Other identifiers:	10.1515/jbnst-1994-0302 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014608283