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A New Solution to an Old Problem: a Temporary Equilibrium Version of the Ramsey Model

Author

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  • Enrico Bellino

    (Università Cattolica del Sacro Cuore, Piacenza)

Abstract

A New Solution to an Old Problem: a Temporary Equilibrium Version of the Ramsey Model

Suggested Citation

  • Enrico Bellino, 2020. "A New Solution to an Old Problem: a Temporary Equilibrium Version of the Ramsey Model," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 128(3), pages 285-300.
  • Handle: RePEc:vep:journl:y:2020:v:128:i:3:p:285-300
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    File URL: https://riss.vitaepensiero.it/scheda-articolo_digital/enrico-bellino/a-new-solution-to-an-old-problem-a-temporary-equilibriumversion-of-the-ramsey-model-000518_2020_0003_0285-370660.html
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    More about this item

    Keywords

    Optimal capital accumulation; Ramsey-Cass-Koopmans model; saddle-path (in)stability; Myopic behaviour; Temporary equilibrium;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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