• Optimal control and the Fibonacci sequence 

      Brasch, Thomas von; Byström, Johan; Lystad, Lars Petter (Discussion Papers;674, Working paper, 2012)
      We bridge mathematical number theory with that of optimal control and show that a generalised Fibonacci sequence enters the control function of finite horizon dynamic optimisation problems with one state and one control ...
    • Trade liberalisation and import price behaviour : the case of textiles and wearing apparels 

      Benedictow, Andreas; Boug, Pål (Discussion Papers;605, Working paper, 2010)
      Previous studies on the relationship between exchange rates and traded goods prices typically find evidence of incomplete pass-through, usually explained by pricing-to-market behaviour. Although economic theory predicts ...