Autori
Licandro, Omar
PUCH, Luis A.

Titolo
Is Discrete Time a Good Representation of Continuous Time?
Periodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 2006 - Fascicolo: 28 - Pagina iniziale: 1 - Pagina finale: 5

Economists model time as continuous or discrete. The recent literature on continuous time models with delays should help to bridge the gap between these two families of models. In this note, we propose a simple time–to–build model in continuous time, and show that a discrete time version is a true representation of the continuous time problem under some sufficient conditions.




Esportazione dati in Refworks (solo per utenti abilitati)