Partial differential equation models in macroeconomics
Achdou, Yves; Buera, Francisco J.; Lasry, Jean Michel; Lions, Pierre Louis; and Moll, Benjamin
(2014)
Partial differential equation models in macroeconomics.
Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences, 372 (2028): 20130397.
ISSN 1364-503X
The purpose of this article is to get mathematicians interested in studying a number of partial differential equations (PDEs) that naturally arise in macroeconomics. These PDEs come from models designed to study some of the most important questions in economics. At the same time, they are highly interesting for mathematicians because their structure is often quite difficult. We present a number of examples of such PDEs, discuss what is known about their properties, and list some open questions for future research.
| Item Type | Article |
|---|---|
| Keywords | heterogeneous agents,mean field games,income and wealth distribution,firm size distribution |
| Departments | Economics |
| DOI | 10.1098/rsta.2013.0397 |
| Date Deposited | 05 Nov 2019 15:57 |
| URI | https://researchonline.lse.ac.uk/id/eprint/102387 |
ORCID: https://orcid.org/0009-0003-6067-359X