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.
Ferrara M., Guerrini L. (2009). A closed form solution to the transitional dynamics of a modified Ramsey model. s.l : s.n.
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.File in questo prodotto:
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