TEL> Vol.4 No.7, August 2014

A Note on Dynamic Roy’s Identity

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ABSTRACT

We derive two forms of Roy’s identity for a dynamic consumption model. The results are potentially useful in theoretical and empirical studies.

Cite this paper

Xu, L. and Yu, K. (2014) A Note on Dynamic Roy’s Identity. Theoretical Economics Letters, 4, 513-516. doi: 10.4236/tel.2014.47064.

References

[1] Carter, M. (2001) Foundations of Mathematical Economics. The MIT Press, Cambridge.
[2] Wickens, M. (2011) Macroeconomic Theory: A Dynamic General Equilibrium Approach. 2nd Edition, Princeton University Press, Princeton.

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