Policy functions for capital accumulation paths

DOI10.1016/0022-0531(88)90161-5zbMath0653.90008OpenAlexW1995195667MaRDI QIDQ1108173

John Hoag, Thomas J. O'Brien, Kyoo-Hong Kim, Dean A. Neumann

Publication date: 1988

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(88)90161-5

zbMATH Keywords

Lipschitz conditionpolicy functionsneoclassical optimal growth modelstwice differentiable functions

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items

Complex solutions of nonconcave dynamic optimization models ⋮ Optimal Cycles and Chaos: A Survey ⋮ Dynamic complexity of optimal paths and discount factors for strongly concave problems

Cites Work

• A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
• Competitive equilibrium cycles
• Competitive chaos
• On the indeterminacy of capital accumulation paths