Undiscounted optimal growth in the two-sector Robinson-Solow-Srinivasan model: a synthesis of the value-loss approach and dynamic programming

DOI10.1007/s00199-005-0023-0zbMath1148.91031MaRDI QIDQ2509138

M. Ali Khan, Tapan Mitra

Publication date: 18 October 2006

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-005-0023-0

zbMATH Keywords

dynamic programming; golden rule; transition dynamics; optimal policy function; value loss; full-employment program; Undiscounted optimal program

Mathematics Subject Classification ID

90C39: Dynamic programming

91B62: Economic growth models

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