
Partial differential equation models in macroeconomics
Achdou, Yves; Buera, Francisco J.; Lasry, Jean-Michel; Lions, Pierre-Louis; Moll, Benjamin (2014), Partial differential equation models in macroeconomics, Philosophical Transactions. Physical, Mathematical and Engineering Sciences, 372. 10.1098/rsta.2013.0397
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Article accepté pour publication ou publiéDate
2014Journal name
Philosophical Transactions. Physical, Mathematical and Engineering SciencesVolume
372Publisher
Royal Society of London
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Achdou, YvesLaboratoire Jacques-Louis Lions [LJLL (UMR_7598)]
Buera, Francisco J.
Lasry, Jean-Michel
CEntre de REcherches en MAthématiques de la DEcision [CEREMADE]
Lions, Pierre-Louis
Moll, Benjamin
Department of Economics - Princeton University
Abstract (EN)
The purpose of this article is to get mathematicians interested in studying a number of 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.Subjects / Keywords
heterogeneous agents; mean field games; income and wealth distribution; firm size distributionRelated items
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