@article{68cd106119734be085ebda80462783d3,
title = "Smoothness of the policy function in continuous-time economic models. The one-dimensional case",
abstract = "Infinite-horizon continuous-time optimization is often encountered in economic models. Herein we prove the C1 differentiability of the policy function when the objective is strongly concave and the state is unidimensional.",
author = "Santos, {Manuel S.} and Vila, {Jean Luc}",
note = "Funding Information: *Manuel Santos gratefully acknowledges material support from the Comision Asesora de Investigacidn Cientifica y Ticnica, Grant ID 87075. Jean-Luc Vila{\textquoteright}s research was initiated while he was a member of the faculty of the Stern School of Business, New York University, visiting the Institut d{\textquoteright}Anllisi Economica. Copyright: Copyright 2014 Elsevier B.V., All rights reserved.",
year = "1991",
month = oct,
doi = "10.1016/0165-1889(91)90042-Y",
language = "English (US)",
volume = "15",
pages = "741--753",
journal = "Journal of Economic Dynamics and Control",
issn = "0165-1889",
publisher = "Elsevier",
number = "4",
}