| Literature DB >> 25288811 |
Yves Achdou1, Francisco J Buera2, Jean-Michel Lasry3, Pierre-Louis Lions4, Benjamin Moll5.
Abstract
The purpose of this article is to get mathematicians interested in studying a number of partial differential equations (PDEs) that naturally arise in macroeconomics. These PDEs come from models designed to study some of the most important questions in economics. At the same time, they are highly interesting for mathematicians because their structure is often quite difficult. We present a number of examples of such PDEs, discuss what is known about their properties, and list some open questions for future research.Keywords: firm size distribution; heterogeneous agents; income and wealth distribution; mean field games
Year: 2014 PMID: 25288811 DOI: 10.1098/rsta.2013.0397
Source DB: PubMed Journal: Philos Trans A Math Phys Eng Sci ISSN: 1364-503X Impact factor: 4.226