Una nota expositiva sobre la condición de transversalidad en modelos económicos dinámicos en tiempo continuo
This is an expositional note on the transversality condition in continuous time dynamic economic models. We illustrate the basic issues, using the neoclassical one-sector optimal growth asset pricing model. In this class of models, the transversality condition is the natural link tying the present t...
| Autor principal: | |
|---|---|
| Formato: | Online |
| Idioma: | espanhol |
| Editor: |
El Colegio de México, A.C.
1991
|
| Assuntos: | |
| Acesso em linha: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/308 |
| Recursos: |
Estudios Económicos |
| Resumo: | This is an expositional note on the transversality condition in continuous time dynamic economic models. We illustrate the basic issues, using the neoclassical one-sector optimal growth asset pricing model. In this class of models, the transversality condition is the natural link tying the present to the distant future. |
|---|