The general instability of balanced paths in endogenous growth models: The role of transversality conditions
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Publication:1853211
DOI10.1016/S0165-1889(01)00063-XzbMath1029.91042MaRDI QIDQ1853211
Publication date: 21 January 2003
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
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Necessity of the transversality condition for stochastic models with bounded or CRRA utility ⋮ Productive consumption and population dynamics in an endogenous growth model: demographic trends and human development aid in developing economies
Cites Work
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- A general two-sector model of endogenous growth with human and physical capital: Balanced growth and transitional dynamics
- A Model of Growth Through Creative Destruction
- The General Instability of a Class of Competitive Growth Processes
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