Existence of Solutions in Continuous-time Optimal Growth Models
This paper studies the existence of solutions in continuous time optimization problems. It provides a theorem whose conditions can be easily checked in most models of the optimal growth theory, including those with increasing returns and multi-sector economies.
|Date of creation:||Nov 2008|
|Date of revision:|
|Publication status:||Published, Economic Theory, 2008, 37, 2, 321-333|
|Note:||View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00177269|
|Contact details of provider:|| Web page: http://hal.archives-ouvertes.fr/ |
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