On the long-run distribution of capital in the Ramsey model

DOI10.1006/JETH.2001.2841zbMATH Open1015.91032OpenAlexW1995406511MaRDI QIDQ697978FDOQ697978

Authors: Gerhard Sorger 

Publication date: 18 September 2002

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

Full work available at URL: https://doi.org/10.1006/jeth.2001.2841

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zbMATH Keywords

equilibriacapital accumulationRamsey's model

Mathematics Subject Classification ID

Cites Work

• An integration of equilibrium theory and turnpike theory
• Optimal growth with many consumers
• A characterization of Ramsey equilibrium
• The local bifurcation of Ramsey equilibrium
• On the structure of Ramsey equilibrium: Cycles, indeterminacy, and sunspots
• CHAOTIC RAMSEY EQUILIBRIUM

Cited In (28)

• Can progressive taxation account for cross-country variation in labor supply?
• A dynamic model of the distribution of wealth among households and nations
• Introduction to a general equilibrium approach to economic growth
• On time-consistent policy rules for heterogeneous discounting programs
• Strategic saving decisions in the infinite-horizon model
• Poverty traps, indeterminacy, and the wealth distribution
• Love thy children or money: reflections on debt neutrality and estate taxation.
• Wealth distribution and aggregate time-preference: Markov-perfect equilibria in a Ramsey economy
• A characterization of Ramsey equilibrium
• Distributional dynamics in a neoclassical growth model: the role of elastic labor supply
• Capital Accumulation, Mergers, and the Ramsey Golden Rule
• Quantifying the relationship between wealth distribution and aggregate growth in the Ramsey model
• Ramsey equilibrium in a two-sector model with heterogeneous households
• Thomas Piketty and the rate of time preference
• On existence and bubbles of Ramsey equilibrium with borrowing constraints
• On the role of progressive taxation in a Ramsey model with heterogeneous households
• Economic growth and inequality: the role of public investment
• Long-term rates, capital shares, and income inequality
• Strategic interaction and catching up
• Wealth distribution, elasticity of substitution and Piketty: an `anti-dual' Pasinetti economy
• Strategic growth with recursive preferences: decreasing marginal impatience
• The dynamics of Pareto distributed wealth in a small open economy
• Strategic Ramsey equilibrium dynamics
• Differentiated capital and the distribution of wealth
• On Markovian collective choice with heterogeneous quasi-hyperbolic discounting
• A discrete heterogeneous-group economic growth model with endogenous leisure time
• Feasibility and optimality of the initial capital stock in the Ramsey vintage capital model
• Necessary conditions for infinite horizon optimal control problems with state constraints

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