Painlev\'{e} Property and Generating Functions for Asymptotics

This paper proposes a new approach to the asymptotic analysis of Painlev\'e equations. The approach is based on representing solutions of the Painlev\'e equations using formal series in two variables, $\sum_{k=0}^{\infty}y^kA_k(x)$, with rational functions $A_k(x)$. The approach is applied to the asymptotic analysis of the third degenerate Painlev\'e equation.