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The ramsey model revisited: The optimality of cyclical consumption and growth

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  • Franz Wirl

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  • Franz Wirl, 1994. "The ramsey model revisited: The optimality of cyclical consumption and growth," Journal of Economics, Springer, vol. 60(1), pages 81-98, February.
  • Handle: RePEc:kap:jeczfn:v:60:y:1994:i:1:p:81-98
    DOI: 10.1007/BF01228026
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    References listed on IDEAS

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    1. Konrad, Kai A., 1992. "Wealth seeking reconsidered," Journal of Economic Behavior & Organization, Elsevier, vol. 18(2), pages 215-227, July.
    2. Dockner, Engelbert J & Feichtinger, Gustav, 1993. "Cyclical Consumption Patterns and Rational Addiction," American Economic Review, American Economic Association, vol. 83(1), pages 256-263, March.
    3. Amir, Rabah & Mirman, Leonard J & Perkins, William R, 1991. "One-Sector Nonclassical Optimal Growth: Optimality Conditions and Comparative Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 625-644, August.
    4. Hartl, Richard F., 1987. "A simple proof of the monotonicity of the state trajectories in autonomous control problems," Journal of Economic Theory, Elsevier, vol. 41(1), pages 211-215, February.
    5. Benhabib, Jess & Nishimura, Kazuo, 1979. "The hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth," Journal of Economic Theory, Elsevier, vol. 21(3), pages 421-444, December.
    6. Becker, Gary S & Murphy, Kevin M, 1988. "A Theory of Rational Addiction," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 675-700, August.
    7. Benhabib, Jess & Rustichini, Aldo, 1990. "Equilibrium cycling with small discounting," Journal of Economic Theory, Elsevier, vol. 52(2), pages 423-432, December.
    8. Hadley, G. & Kemp, M. C., 1971. "Variational Methods in Economics," Elsevier Monographs, Elsevier, edition 1, number 9780720436013 edited by Bliss, C. J., August.
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    Cited by:

    1. Hung-Ju Chen, 2012. "Social status, human capital formation and the long-run effects of money," Journal of Economics, Springer, vol. 105(3), pages 225-246, April.
    2. Mehmet Özer & Çağrı Sağlam, 2016. "Strategic Interaction And Catching Up," Bulletin of Economic Research, Wiley Blackwell, vol. 68(2), pages 168-181, April.
    3. Chen, Hung-Ju, 2011. "Social status and long-run effects of monetary policy in a two-sector monetary economy of endogenous growth," Mathematical Social Sciences, Elsevier, vol. 61(1), pages 71-79, January.
    4. Joao Ricardo Faria, 1999. "Consumer Behaviour, Labour Supply and Diabetes: The Complex Case," Working Paper Series 88, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    5. João Faria & Joaquim Andrade, 1998. "Investment, credit, and endogenous cycles," Journal of Economics, Springer, vol. 67(2), pages 135-143, June.
    6. Phoebe Koundouri, 2004. "Current Issues in the Economics of Groundwater Resource Management," Journal of Economic Surveys, Wiley Blackwell, vol. 18(5), pages 703-740, December.
    7. repec:bla:rdevec:v:21:y:2017:i:4:p:1305-1326 is not listed on IDEAS
    8. repec:ebl:ecbull:v:15:y:2002:i:10:p:1-7 is not listed on IDEAS
    9. Chang, Wen-ya & Hsieh, Yi-ni & Lai, Ching-chong, 2000. "Social status, inflation, and endogenous growth in a cash-in-advance economy," European Journal of Political Economy, Elsevier, vol. 16(3), pages 535-545, September.
    10. Günther Rehme, 2017. "“Love of wealth” and economic growth," Review of Development Economics, Wiley Blackwell, vol. 21(4), pages 1305-1326, November.
    11. Chen, Hung- Ju, 2011. "Social status, human capital formation and super-neutrality in a two-sector monetary economy," Economic Modelling, Elsevier, vol. 28(3), pages 785-794, May.
    12. Santanu Roy, 2010. "On sustained economic growth with wealth effects," International Journal of Economic Theory, The International Society for Economic Theory, vol. 6(1), pages 29-45.

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