Flaschel, Peter; Proaño, Christian - In: Studies in Nonlinear Dynamics & Econometrics 13 (2009) 2, pp. 1674-1674
We reconsider the issue of the (non-)equivalence of period and continuous time analysis in macroeconomic theory and its … period and continuous time representations of the same macrostructure should give rise to the same qualitative outcome, i … an asymptotically stable continuous-time macroeconomic model when it is reformulated as a discrete-time model with a …