Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/48736
Authors: 
Wälde, Klaus
Bayer, Christian
Year of Publication: 
2011
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft: Lektionen aus der Krise - Session: Dynamic Optimization B17-V3
Abstract: 
This paper provides the proofs to the analysis of a continuous time matching model with saving in Bayer and Wälde (2010a). The paper proves the results on consumption growth, provides an existence proof for optimal consumption and a detailed derivation of the Fokker-Planck equations.
Subjects: 
frictional labour markets
optimal saving
incomplete markets
Poisson uncertainty
Fokker-Planck equations
general equilibrium
JEL: 
C62
C65
J60
Document Type: 
Conference Paper

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