This paper concerns the transitional dynamics of the one sector endogenous growth model with physical and human capital when gross investments are irreversible. It has been claimed that the transition path is on the stable saddle path of the system that describes the dynamics of the economy as long
β¦ LIBER β¦
Comparative dynamics in the one-sector optimal growth model
β Scribed by Robert A. Becker
- Publisher
- Elsevier Science
- Year
- 1983
- Tongue
- English
- Weight
- 490 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0165-1889
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
Equilibrium dynamics in the one-sector e
β
Manuel A. GΓ³mez
π
Article
π
2003
π
Elsevier Science
π
English
β 421 KB
Transitional dynamics in a two-sector no
β
Theo S. Eicher; Stephen J. Turnovsky
π
Article
π
2001
π
Elsevier Science
π
English
β 324 KB
The comments of three anonymous referees are gratefully acknowledged. Eicher gratefully acknowledges support from the von Humboldt foundation.
Optimal balanced growth in a general mul
β
Harutaka Takahashi
π
Article
π
2007
π
Springer
π
English
β 217 KB
Approximation by finite horizons of the
β
Wilfredo Leiva Maldonado
π
Article
π
1999
π
Springer
π
English
β 97 KB
Remarks on some methods of choosing term
β
Knut Sydsæter
π
Article
π
1970
π
Springer US
π
English
β 297 KB
On optimality models and the comparative
π
Article
π
1989
π
Springer Netherlands
π
English
β 381 KB
THE COMPARATIVE APPROACH AND HUMAN SOCIOBIOLOGY 195 approach. When one makes comparisons between species in different environments, the observed differences in behavior can generally be assumed with some confidence to have a genetic basis. However, when one is making intraspecies comparisons across