Asymptotics of equilibrium paths in an endogenous growth model with concave consumption function
AbstractAn AK-model of economic growth is considered based upon a supposition that there are several agents in an economy, which have initially different wealth. Saving rate of each agent depends on her wealth. Main attention is given to asymptotic behavior of equilibrium paths. (in Russian)
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Bibliographic InfoPaper provided by European University at St. Petersburg, Department of Economics in its series EUSP Deparment of Economics Working Paper Series with number Ec-03/08.
Date of creation: Oct 2008
Date of revision: Dec 2008
endogenous growth; mathematical model; equilibrium; consumption;
Find related papers by JEL classification:
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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