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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. 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.
    3. François Langot, 2020. "Public Debt, Policy Mix and European Stability," Working Papers hal-02895635, HAL.

    More about this item

    Keywords

    budget constraints; monetary growth model;

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