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Asymptotics of equilibrium paths in an endogenous growth model with concave consumption function

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  • Vera Kipyatkova

Abstract

An 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 Info

Paper 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.

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Date of creation: Oct 2008
Date of revision: Dec 2008
Handle: RePEc:eus:wpaper:ec0308

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Keywords: endogenous growth; mathematical model; equilibrium; consumption;

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