The Competitive Equilibrium Turnpike II
AbstractThis paper is an extension of my paper The Competitive Equilibrium Turnpike. The earlier paper asserts that the combination of the turnpike theorem for optimal growth paths and the existence theorem for competitive equilibria provides a competitive equilibrium turnpike theorem when the discount factor is close enough to 1. However, the proof of this result is not given.
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Bibliographic InfoPaper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number 398.
Length: 11 pages
Date of creation: 1995
Date of revision:
Contact details of provider:
Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.
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- D5 - Microeconomics - - General Equilibrium and Disequilibrium
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