A simple dynamic general equilibrium model

DOI10.1016/0022-0531(87)90006-8zbMath0616.90012OpenAlexW1982842523MaRDI QIDQ1821676

Publication date: 1987

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

Full work available at URL: https://doi.org/10.1016/0022-0531(87)90006-8

zbMATH Keywords

linearization local stability optimal control problem integral constraints comparative dynamics analysis distribution of welfare multiple agent economy recursive utility functions Volterra derivative wealth redistribution

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50) Control/observation systems governed by ordinary differential equations (93C15)

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