Federico, Salvatore; Ferrari, Giorgio; Schuhmann, Patrick: A Model for the Optimal Management of Inflation. In: . Jg.624. 2019
Inhalt
- 1. Introduction
- 2. Problem Formulation and Preliminary Results
- 3. A Related Dynkin Game
- 4. The Structure of the Value Function
- 5. A Second-Order Smooth-Fit Principle
- 6. A System of Equations for the free boundaries
- 6.1. Further Properties of the Free Boundaries
- 6.2. A System of Equations for the Free Boundaries and the Coefficients A and B.
- 7. On the Optimal Control
- Appendix A. Proof of Theorem 3.1
- References