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Transversality conditions, budget constraints and the determinacy of a perfect foresight equilibrium in a monetary growth model

Author

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  • Antoine d'Autume

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Philippe Michel

    (CORE - Center of Operation Research and Econometrics [Louvain] - UCL - Université Catholique de Louvain = Catholic University of Louvain)

Abstract

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Suggested Citation

  • Antoine d'Autume & Philippe Michel, 1987. "Transversality conditions, budget constraints and the determinacy of a perfect foresight equilibrium in a monetary growth model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00452495, HAL.
  • Handle: RePEc:hal:cesptp:halshs-00452495
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    Cited by:

    1. Philippe Michel & Pierre Pestieau, 1998. "Fiscal Policy in a Growth Model with Both Altruistic and Nonaltruistic Agents," Southern Economic Journal, John Wiley & Sons, vol. 64(3), pages 682-697, January.
    2. François Langot, 2020. "Public Debt, Policy Mix and European Stability," Working Papers hal-02895635, HAL.
    3. Alho, Kari, . "Analysis of Financial Markets and Central Bank Policy in the Flow-of-Funds Framework. An Application to the Case of Finland," ETLA A, The Research Institute of the Finnish Economy, number 12, June.

    More about this item

    Keywords

    budget constraints; monetary growth model;

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