Necessary and Sufficient Conditions for Existence and Uniqueness of Recursive Utilities
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https://www.nber.org/papers/w24162
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We study existence, uniqueness and stability of solutions for a class of discrete time recursive utilities models. By combining two streams of the recent literature on recursive preferences - one that analyzes principal eigenvalues of valuation operators and another that exploits the theory of
提供机构:
美国国家经济研究局
创建时间:
2018-01-01



