Title of article :
Monotonic saddle-path dynamics
Author/Authors :
Isaac، نويسنده , , Alan G. ، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1996
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
Journal title :
Economics Letters
