Elasticity of intertemporal substitution

In the mathematical field of group theory, a group is residually X (where X is some property of groups) if it "can be recovered from groups with property X".

Formally, a group G is residually X if for every non-trivial element g there is a homomorphism h from G to a group with property X such that $h(g)\ne e$.

More categorically, a group is residually X if it embeds into its pro-X completion (see profinite group, pro-p group), that is, the inverse limit of $\varphi :G\to H$ where H is a group with property X.

Examples

Important examples include:

• Residually finite
• Residually nilpotent
• Residually solvable
• Residually free

References

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