Showing math.DSShow all
3 papers · 1 filter
math.DS2020
Non-convex sweeping processes in the space of regulated functions
Pavel Krejci, Giselle Antunes Monteiro, Vincenzo Recupero
The aim of this paper is to study a wide class of non-convex sweeping processes with moving constraint whose translation and deformation are represented by regulated functions, i.e…
math.DS2017
A continuum of path-dependent equilibrium solutions induced by sticky expectations
Pavel Krejci, Eyram Kwame, Harbir Lamba +1
We analyze a simple macroeconomic model where rational inflation expectations is replaced by a boundedly rational, and genuinely sticky, response to changes in the actual inflation…
math.DS2017
Global stability of a piecewise linear macroeconomic model with a continuum of equilibrium states and sticky expectation
Pavel Krejci, Harbir Lamba, Dmitrii Rachinskii
We consider piecewise linear discrete time macroeconomic models, which possess a continuum of equilibrium states. These systems are obtained by replacing rational inflation expecta…