d'Albis, Hippolyte; Augeraud-Véron, Emmanuelle; … - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012
This paper proposes conditions for the existence and uniqueness of solutions to systems of differential equations with delays or advances in which some variables are non-predetermined. An application to the issue of optimal interest rate policy is then develop in a flexible-price model where...
