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At Last! An Explicit Solution for the Ramsey Saddle Path

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Author Info
Halvor Mehlum (University of Oslo)

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Abstract

I derive an explicit solution for the saddle path in a Ramsey growth model. The existence of a closed form expression greatly simplifies the analysis of how the parameters of the utility function affects investments and growth.

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File URL: http://129.3.20.41/eps/ge/papers/0210/0210005.pdf
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Publisher Info
Paper provided by EconWPA in its series GE, Growth, Math methods with number 0210005.

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Length: 6 pages
Date of creation: 08 Oct 2002
Date of revision:
Handle: RePEc:wpa:wuwpge:0210005

Note: Type of Document - pdf; prepared on latex; pages: 6
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Web page: http://129.3.20.41

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Related research
Keywords: Ramsey growth model;

Other versions of this item:

Find related papers by JEL classification:
D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert J. Barro & Paul Romer, 1993. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr93-1.
    Other versions:
    • Robert J. Barro & Paul M. Romer, 1991. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr91-1.
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This page was last updated on 2009-11-25.

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