Envelope theorem in dynamic economic models with recursive utility
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DOI: 10.1016/j.econlet.2017.11.018
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Cited by:
- Juan Pablo Rincón-Zapatero, 2020. "Differentiability of the value function and Euler equation in non-concave discrete-time stochastic dynamic programming," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(1), pages 79-88, April.
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More about this item
Keywords
First-order differentiability; Dynamic economic models; Recursive utility;All these keywords.
JEL classification:
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
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