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Inverse limits and an implicitly defined difference equation from economics |
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| Authors: | Judy Kennedy David R. Stockman |
| Affiliation: | a University of Delaware, Department of Mathematical Science, Newark, DE, USA b Department of Economics, University of Delaware, Newark, DE 19716, USA c Institute for Physical Science and Technology, University of Maryland, College Park, MD 20742, USA |
| Abstract: | The purpose of the paper is to introduce mathematicians to a cash-in-advance model from economics. We show that tools from inverse limits and dynamical systems developed in the last forty or so years are applicable to it. |
| Keywords: | primary, 54H20, 39A05, 37N99 secondary, 37N40, 37B45 |
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