منابع مشابه
Euler equations ∗
An Euler equation is a difference or differential equation that is an intertemporal first-order condition for a dynamic choice problem. It describes the evolution of economic variables along an optimal path. It is a necessary but not sufficient condition for a candidate optimal path, and so is useful for partially characterizing the theoretical implications of a range of models for dynamic beha...
متن کاملEstimating euler equations
Executive Summary In this paper we consider conditions under which the estimation of a log-linearized Euler equation for consumption yields consistent estimates of preference parameters. When utility is isoelastic and a sample covering a long time period is available, consistent estimates are obtained from the log-linearized Euler equation when the innovations to the conditional variance of con...
متن کاملEuler equations ∗ Jonathan
An Euler equation is a difference or differential equation that is an intertemporal first-order condition for a dynamic choice problem. It describes the evolution of economic variables along an optimal path. It is a necessary but not sufficient condition for a candidate optimal path, and so is useful for partially characterizing the theoretical implications of a range of models for dynamic beha...
متن کاملCompressible Euler-Maxwell Equations
The Euler-Maxwell equations as a hydrodynamic model of charge transport of semiconductors in an electromagnetic field are studied. The global approximate solutions to the initial-boundary value problem are constructed by the fractional Godunov scheme. The uniform bound and H−1 compactness are proved. The approximate solutions are shown convergent by weak convergence methods. Then, with some new...
متن کاملEuler-lagrange Equations
. Consider a mechanical system consisting of N particles in R subject to some forces. Let xi ∈ R denote the position vector of the ith particle. Then all possible positions of the system are described by N -tuples (x1, . . . , xN ) ∈ (R) . The space (R) is an example of a configuration space. The time evolution of the system is described by a curve (x1(t), . . . , xN (t)) in (R) and is governed...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economic Modelling
سال: 2001
ISSN: 0264-9993
DOI: 10.1016/s0264-9993(00)00033-x