Polterovich, Victor (1976): Модели равновесного экономического роста. Published in: Economics and Mathematical Methods / Ekonomika i matematicheskie metody , Vol. 12, No. 3 (1976): pp. 527-540.
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We develop a turnpike theory for a class of dynamic general equilibrium models where total demand function satisfy monotonicity conditions. As special cases, we receive well known results about asymptotic behavior of optimal paths.
|Item Type:||MPRA Paper|
|Original Title:||Модели равновесного экономического роста|
|English Title:||Models of Equilibrium Economic Growth|
|Keywords:||equilibrium path; stationary(steady) state; turnpike theorem; monotonicity of demand function; generalized gross substitutability; revealed preference axiom; dynamic optimization model|
|Subjects:||D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory
D - Microeconomics > D9 - Intertemporal Choice and Growth > D90 - General
C - Mathematical and Quantitative Methods > C6 - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C62 - Existence and Stability Conditions of Equilibrium
|Depositing User:||Victor Polterovich|
|Date Deposited:||26. Apr 2010 15:28|
|Last Modified:||16. Feb 2013 08:26|
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