Модели равновесного экономического роста

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.

Abstract

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
• English Title: Models of Equilibrium Economic Growth
• Language: Russian
• 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 > D90 - General; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C62 - Existence and Stability Conditions of Equilibrium

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