On Optimal Economic Growth with Variable Discount Rates: Existence and Stability Results
From MaRDI portal
Publication:3867517
DOI10.2307/2526420zbMath0429.90021MaRDI QIDQ3867517
Publication date: 1979
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2526420
asymptotic stability; optimal economic growth; necessary and sufficient condition; existence of optimal programs; one-good neoclassical growth model; variable discount rates
90C90: Applications of mathematical programming
90C30: Nonlinear programming
91B62: Economic growth models
Related Items
Dynamic optimization on a non-convex feasible set: Some general results for non-smooth technologies, Recursive utility and the Ramsey problem, On existence of optimal programs: the RSS model without concavity assumptions on felicities, Dualizing optimization problems in mathematical economics, Decentralization in infinite horizon economies: An introduction, Uncertain horizon and stability. Analysis in an optimal growth model, Sensitivity analysis of optimal growth plans with exogenous capital stocks, Intertemporal allocation with a non-convex technology: The aggregative framework, Recursive utility and optimal capital accumulation. I: Existence, Characterization of optimal plans for stochastic dynamic programs, Recursive utility and optimal growth under uncertainty, Equilibrium dynamics in an aggregative model of capital accumulation with heterogeneous agents and elastic labor, On a uniform turnpike of the third kind in the Robinson-Solow-Srinivasan model, Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results
