Closed-form solutions for the Lucas-Uzawa growth model with logarithmic utility preferences via the partial Hamiltonian approach

DOI10.3934/dcdss.2018039zbMath1381.37110OpenAlexW2765678409MaRDI QIDQ1690357

Azam Chaudhry, Rehana Naz

Publication date: 19 January 2018

Published in: Discrete and Continuous Dynamical Systems. Series S (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/dcdss.2018039

zbMATH Keywords

Hamiltonian approachlogarithmic utility preferenceLucas-Uzawa model

Mathematics Subject Classification ID

Economic growth models (91B62) Dynamical systems in optimization and economics (37N40)

Related Items (2)

On sufficiency issues, first integrals and exact solutions of Uzawa-Lucas model with unskilled labor ⋮ Stochastic accumulation of human capital and welfare in the Uzawa-Lucas model: an analytical characterization

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