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On the smoothness of optimal paths II: some local turnpike results

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  • Joël Blot

    ()

  • Bertrand Crettez

    ()

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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s10203-007-0072-x
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    Bibliographic Info

    Article provided by Springer in its journal Decisions in Economics and Finance.

    Volume (Year): 30 (2007)
    Issue (Month): 2 (November)
    Pages: 137-150

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    Handle: RePEc:spr:decfin:v:30:y:2007:i:2:p:137-150

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    Web page: http://link.springer.de/link/service/journals/10203/index.htm

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    Related research

    Keywords: Differentiability; Optimal paths; C161; D99; 041; 49 K 40; 93 C 55; 91 B 62;

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    1. McKenzie, Lionel W, 1976. "Turnpike Theory," Econometrica, Econometric Society, vol. 44(5), pages 841-65, September.
    2. Lionel W. McKenzie, 2005. "Classical General Equilibrium Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633302.
    3. Montrucchio, Luigi, 1995. "A New Turnpike Theorem for Discounted Programs," Economic Theory, Springer, vol. 5(3), pages 371-82, May.
    4. Araujo, A & Scheinkman, Jose A, 1977. "Smoothness, Comparative Dynamics, and the Turnpike Property," Econometrica, Econometric Society, vol. 45(3), pages 601-20, April.
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