We compare the dynamic behaviour of a given linear economic model with continuous time and two discrete time models derived from it. The latter two models with discrete time play an important role in the literature on econometric models with continuous time. We analyze and compare the eigenvalues of the models, and obtain results with respect to the stability behaviour and the periods of oscillations that arise in the case of complex eigenvalues.
|Tijdschrift||Jahrbucher fur nationalokonomie und statistik|
|Nummer van het tijdschrift||3|
|Status||Published - mei-1994|