Existence and the Cass-Shell stability condition for Hamiltonian systems of optimal growth
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Publication:1240656
DOI10.1016/0022-0531(77)90064-3zbMath0363.90030MaRDI QIDQ1240656
Publication date: 1977
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(77)90064-3
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Existence of aperiodic time-dependent solutions in optimal growth economy with three sectors, Economic dynamics, The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies, Oscillations in optimal growth models, Existence of solutions of Hamiltonian dynamical systems of economic growth with Marxian savings hypothesis, Ordinary differential systems of optimal control type with monotone reversed nonlinearities, Periodic solutions to differential inclusions, Periodic solutions for coupled first order systems of ordinary differential equations
Cites Work
- Saddle points of Hamiltonian systems in convex Lagrange problems having a nonzero discount rate
- Global asymptotic stability of optimal control systems with applications to the theory of economic growth
- The structure and stability of competitive dynamical systems
- Existence of solutions to Hamiltonian dynamical systems of optimal growth
- Some new results on the local stability of the process of capital accumulation
- Generalized Hamiltonian equations for convex problems of Lagrange
- Saddle points of Hamiltonian systems in convex problems of Lagrange