Endogenous discounting via wealth, twin-peaks and the role of technology

DOI10.1016/j.econlet.2009.01.033zbMath1178.91118OpenAlexW2117774377MaRDI QIDQ1046320

Ingmar Schumacher

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2009.01.033

zbMATH Keywords

multiple equilibriaendogenous discountingtwin-peaks of economic growth

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (6)

Growth and distribution in a model with endogenous time preferences and borrowing constraints ⋮ Limited self-control and long-run growth ⋮ Learning by doing, endogenous discounting and economic development ⋮ Impatience, pollution, and indeterminacy ⋮ Patience and prosperity ⋮ Can harmful events be another source of environmental traps?

Cites Work

• Unnamed Item
• Imperfect competition and the Keynesian cross
• Optimal growth with decreasing marginal impatience
• On the Transversality Condition in Infinite Horizon Optimal Problems
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• Nonergodic Economic Growth
• The economics of poverty traps. I: Complete markets

This page was built for publication: Endogenous discounting via wealth, twin-peaks and the role of technology