In this paper we derive a closed form solution for the Ramsey model with a bounded population growth rate and a Benthamite felicity function, for the case where capital’s share is equal to the reciprocal of the intertemporal elasticity of substitution.

A closed form solution to the transitional dynamics of a modified Ramsey model

GUERRINI, LUCA
2009

Abstract

In this paper we derive a closed form solution for the Ramsey model with a bounded population growth rate and a Benthamite felicity function, for the case where capital’s share is equal to the reciprocal of the intertemporal elasticity of substitution.
THE ROLE OF THE UNIVERSITY IN THE ANALYSIS OF CURRENT ECONOMIC CRISIS
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276
Ferrara M.; Guerrini L.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11585/81775
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