Optimal timing of regime switching in optimal growth models: A Sobolev space approach

Erol Dogan (), Cuong Le van and Çağrı Sağlam
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Erol Dogan: Department of Economics, Bilkent University.

No 16, Working Papers from Development and Policies Research Center (DEPOCEN), Vietnam

Abstract: This paper annalyses the optimal timing of switching between alternative and consecutive regimes on optimal growth models. We derive the appropriate necessary conditions for such problems by means of the standard techniques from calculus of variations and some basic properties of Sobolev spaces.

Pages: 28 pages
Date: 2010
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Optimal timing of regime switching in optimal growth models: A Sobolev space approach (2011)
Working Paper: Optimal timing of regime switching in optimal growth models: A Sobolev space approach (2011)
Working Paper: Optimal timing of regime switching in optimal growth models: A Sobolev space approach (2011)
Working Paper: Optimal timing of regime switching in optimal growth models: A Sobolev space approach (2011)
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