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...

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Detalles Bibliográficos
Autor principal: Bianconi, Marcelo
Formato: Online
Idioma:español
Editor: El Colegio de México, A.C. 1991
Materias:
Acceso en línea:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/308
Revista:

Estudios Económicos

Descripción
Sumario: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.