The closed-form solution for a family of four-dimension nonlinear MHDS

DOI10.1016/J.JEDC.2007.03.008MaRDI QIDQ844626zbMATH OpenOpenAlexFDO

Authors J. R. Ruiz-Tamarit

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://documentos.fedea.net/pubs/dt/2002/dt-2002-18.pdf

zbMATH Keywords

closed-form solutionHamiltoniannonlinearitytransitional dynamics

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Applications of optimal control and differential games (49N90) Economic growth models (91B62) Multisectoral models in economics (91B66)

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Cites work

• Divergence in economic performance: Transitional dynamics with multiple equilibria
• Solution to nonlinear MHDS arising from optimal growth problems
• Uniqueness and indeterminacy: On the dynamics of endogenous growth

Cited in

(10)

• A note on the closed-form solution to the Lucas-Uzawa model with externality
• Closed-form solutions for the Lucas-Uzawa growth model with logarithmic utility preferences via the partial Hamiltonian approach
• Closed-form solutions of Lucas-Uzawa model with externalities via partial Hamiltonian approach
• Numerical solution of dynamic equilibrium models under Poisson uncertainty
• The closed-form solutions for finance-extended Lucas-Uzawa model
• A partial Hamiltonian approach for current value Hamiltonian systems
• A partial Lagrangian method for dynamical systems
• Public spending in a model of endogenous growth with habit formation
• Balanced growth and degrowth with human capital
• Solution to nonlinear MHDS arising from optimal growth problems

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