Sustained positive consumption in a model of stochastic growth: the role of risk aversion

DOI10.1016/j.jet.2010.12.010zbMath1258.91158MaRDI QIDQ413517

Tapan Mitra, Santanu Roy

Publication date: 7 May 2012

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

Full work available at URL: https://cae.economics.cornell.edu/10.03.pdf

zbMATH Keywords

extinction; risk aversion; stochastic growth; sustained consumption

Mathematics Subject Classification ID

91B62: Economic growth models

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