EXISTENCE OF COMPETITIVE EQUILIBRIUM IN AN OPTIMAL GROWTH MODEL WITH HETEROGENEOUS AGENTS AND ENDOGENOUS LEISURE

DOI10.1017/S1365100511000587zbMath1246.91084MaRDI QIDQ2907905

Aditya Goenka, Cuong Le Van, Manh-Hung Nguyen

Publication date: 4 September 2012

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

zbMATH Keywords

Lagrange multiplierscompetitive equilibriumelastic labor supplyoptimal growth model

Mathematics Subject Classification ID

Economic growth models (91B62) Economic dynamics (91B55) Heterogeneous agent models (91B69)

Related Items

Stochastic optimal growth with risky labor supply, General existence of competitive equilibrium in the growth model with an endogenous labor-leisure choice

Cites Work

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