About the ideal economic situation -- the growth of capital and the function of consumption in some models of economic growth

DOI10.22405/2226-8383-2023-24-2-256-265MaRDI QIDQ6153823zbMATH OpenFDO

Authors A. I. Kozko, Lyubov' Mikhaĭlovna Luzhina, A. Yu Popov, V. G. Chirskii

Publication date 14 February 2024

Full work available at URL http://mathnet.ru/eng/cheb1318

zbMATH Keywords

competitive householdsmathematical modelmonotony of the function of saving and capitalRamsey-Kass-Koopmans problemstationary savings rate

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• Assessment of the necessary initial economic resource in the Ramsey-Kass-Koopmans problem
• Introduction to modern economic growth.
• Optimal exponent in the Ramsey-Kass-Koopmans problem with logarithmic utility function
• Ramsey Meets Laibson in the Neoclassical Growth Model
• The consumption function in the Ramsey-Kass-Koopmanseconomic growth model in the case of a stationary saving function
• The method of approximate solution of a system of differential equations from the Ramsey-Kass-Koopmans model, based on the solution in quadratures of one subclass of similar systems
• When economic growth is less than exponential

Cited in

(1)

• Reduction of the mathematical model of some problems of mathematical economics to systems of differential equations that can be solved in quadratures

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