On the Turnpike Property of the Modified Golden Rule
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Cited by:
- Darong Dai, 2015. "Robust Turnpikes Deduced by the Minimum-Time Needed toward Economic Maturity," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 9(1), pages 049-073, October.
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More about this item
Keywords
Stochastic growth; modified Golden Rule; turnpike theorem; ergodic consumption; martingale-path of capital accumulation;All these keywords.
JEL classification:
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
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