Endogenous discounting via wealth, twin-peaks and the role of technology

DOI10.1016/J.ECONLET.2009.01.033zbMATH Open1178.91118OpenAlexW2117774377MaRDI QIDQ1046320FDOQ1046320

Authors: Ingmar Schumacher 

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2009.01.033

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zbMATH Keywords

multiple equilibriaendogenous discountingtwin-peaks of economic growth

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• On the Transversality Condition in Infinite Horizon Optimal Problems
• Title not available (Why is that?)
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• Optimal growth with decreasing marginal impatience
• The economics of poverty traps. I: Complete markets
• Imperfect competition and the Keynesian cross
• Nonergodic Economic Growth

Cited In (8)

• Growth and distribution in a model with endogenous time preferences and borrowing constraints
• Distributional effects of endogenous discounting
• Limited self-control and long-run growth
• Impatience, pollution, and indeterminacy
• Patience and prosperity
• A NOTE ON THE CONSEQUENCES OF AN ENDOGENOUS DISCOUNTING DEPENDING ON THE ENVIRONMENTAL QUALITY
• Can harmful events be another source of environmental traps?
• Learning by doing, endogenous discounting and economic development

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