We apply an infinite horizon intertemporal optimization model to a simple speculative attack framework. Thereby, the …

consistency of intertemporal optimization is achieved only at the cost of more aggregated, less detailed models, due to … savings rate from intertemporal optimization, by solving a simplified form of their intertemporal problem. This approach we … static expectations model with intertemporal optimization, and of a fixed-savings rate model. The main difference is that in …

We apply an infinite horizon intertemporal optimization model to a simple speculative attack framework. Thereby, the …

consistency of intertemporal optimization is achieved only at the cost of more aggregated, less detailed models, due to … savings rate from intertemporal optimization, by solving a simplified form of their intertemporal problem. This approach we … static expectations model with intertemporal optimization, and of a fixed-savings rate model. The main difference is that in …

We apply an infinite horizon intertemporal optimization model to a simple speculative attack framework. Thereby, the …