On Ramsey dynamical model and closed-form solutions

DOI10.2991/JNMP.K.210103.001MaRDI QIDQ5099982zbMATH OpenOpenAlexFDO

Authors Gülden Gün Polat, Teoman Özer

Publication date 26 August 2022

Published in Journal of Nonlinear Mathematical Physics (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.2991/jnmp.k.210103.001

zbMATH Keywords

Lie point symmetriesHamiltonian dynamicseconomic growth modelsclosed-form solutionsJacobi last multiplierPrelle-Singer approachRamsey dynamical model

Mathematics Subject Classification ID

Completely integrable finite-dimensional Hamiltonian systems, integration methods, integrability tests (37J35) Dynamical systems in control (37N35) Completely integrable systems and methods of integration for problems in Hamiltonian and Lagrangian mechanics (70H06) Symmetries, Lie group and Lie algebra methods for problems in mechanics (70G65) General theory of finite-dimensional Hamiltonian and Lagrangian systems, Hamiltonian and Lagrangian structures, symmetries, invariants (37J06)

Recommendations

• The group-theoretical analysis of nonlinear optimal control problems with Hamiltonian formalism
• On group analysis of optimal control problems in economic growth models
• Closed-form solutions for the Lucas-Uzawa model of economic growth via the partial Hamiltonian approach
• Some facts about the Ramsey model
• Closed-form solutions of two-sector Romer model of endogenous growth using partial Hamiltonian approach

Cited in

(4)

• On group analysis of optimal control problems in economic growth models
• Phase plane analysis of simplified Ramsey models
• The group-theoretical analysis of nonlinear optimal control problems with Hamiltonian formalism
• Analytical approaches for growth models in economics

This page was built for publication: On Ramsey dynamical model and closed-form solutions

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5099982)