Search Results - subject:"differential-difference equations"

Elements of dynamic economic modeling : presentation and analysis

Tesfatsion, Leigh - In: Eastern economic journal 43 (2017) 2, pp. 192-216

Persistent link: https://www.econbiz.de/10012243761

A new Keynesian model with delay : monetary policy lag and determinacy of equilibrium

Tsuzuki, Eiji - In: Economic analysis and policy : EAP ; journal of the … 44 (2014) 3, pp. 279-291

Persistent link: https://www.econbiz.de/10011481992

Cyclical Trends in Continuous Time Models

Ercolani, Joanne S. - Department of Economics, University of Birmingham - 2007

) and Bergstrom (1997), and differential-difference equations of Chambers and McGarry (2002). This paper’s contribution is …

Persistent link: https://www.econbiz.de/10005738231

Modelling vintage structures with DDEs : principles and applications

Raouf, BOUCEKKINE; Croix, David de la; Lidandro, Omar - Institut de Recherche Économique et Sociale (IRES), … - 2004

agents take discrete timing decisions. The mixture of continuous and discrete time yields differential-difference equations …

Persistent link: https://www.econbiz.de/10004985299

Modelling vintage structures with DDEs : principles and applications

BOUCEKKINE, RAOUF; de la CROIX, David; LICANDRO, Omar - Center for Operations Research and Econometrics (CORE), … - 2004

agents take discrete timing decisions. The mixture of continuous and discrete time yields differential-difference equations …

Persistent link: https://www.econbiz.de/10005065379

Endogenous vs Exogenously Driven Fluctuations in Vintage Capital Models

Boucekkine, Raouf; del Rio, Fernando; Licandro, Omar - Institut de Recherche Économique et Sociale (IRES), … - 1999

In this paper, we present a simple vintage capital growth model in which both exogenous and endogenous fluctuations sources are present. Indeed, it can be seen as a particular case of Caballero and Hammour (1996)'s creative destruction model, with advantage that analytical characterization of...

Persistent link: https://www.econbiz.de/10004985143

MODELLING VINTAGE STRUCTURES WITH DDEs: PRINCIPLES AND APPLICATIONS

Boucekkine, Raouf; Croix, David De La; Licandro, Omar - In: Mathematical Population Studies 11 (2004) 3-4, pp. 151-179

timing decisions. The mixture of continuous and discrete time yields differential-difference equations (DDEs). It is clearly …

Persistent link: https://www.econbiz.de/10009205645

Symmetries in Jump-Diffusion Models with Applications in Option Pricing and Credit Risk

Hoogland, Jiri; Neumann, Dimitri; Vellekoop, Michel - EconWPA - 2002

It is a well known fact that local scale invariance plays a fundamental role in the theory of derivative pricing. Specific applications of this principle have been used quite often under the name of `change of numeraire', but in recent work it was shown that when invoked as a fundamental first...

Persistent link: https://www.econbiz.de/10005561671

Differential-Difference Equations in Economics: On the Numerical Solution of Vintage Capital Growth Models

Boucekkine, Raouf; Licandro, Omar; Paul, Christopher - Society for Computational Economics - SCE

In this paper, we examine techniques for the analytical and numerical solution of statedependent differential-difference … important class of models in modern economic growth theory. The theoretical treatment of non-statedependent differential-difference … equations. Such equations occur in the continuous time modelling of vintage capital growth models, which form a particularly …

Persistent link: https://www.econbiz.de/10005537536