Title of article
Monotonic saddle-path dynamics
Author/Authors
Isaac، نويسنده , , Alan G. ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
4
From page
235
To page
238
Abstract
This letter provides necessary and sufficient conditions for the existence of a monotonic waddle path in second-order difference equations. The conditions are illustrated with three popular exchange-rate models.
Keywords
Difference equations , Saddle path
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434221
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