Optimal policy and consumption smoothing effects in the time-to-build AK model

DOI10.1007/s00199-010-0577-3zbMath1246.91082OpenAlexW2159230683MaRDI QIDQ447533

Giorgio Fabbri, Mauro Bambi, Fausto Gozzi

Publication date: 4 September 2012

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

Full work available at URL: http://sites.uclouvain.be/econ/DP/IRES/2010029.pdf

zbMATH Keywords

dynamic programmingoptimal strategiestime-to-buildAK modelclosed loop policy

Mathematics Subject Classification ID

Dynamic programming (90C39) Economic growth models (91B62) Economic dynamics (91B55)

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