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Present Values Playing the Role of Efficiency Prices in the One-Good Growth Model

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Publication:5650473
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DOI10.2307/2296386zbMath0238.90011OpenAlexW2089877737MaRDI QIDQ5650473

Menahem E. Yaari, David Cass

Publication date: 1971

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2296386



Mathematics Subject Classification ID

Trade models (91B60)


Related Items (11)

Markov rational expectations equilibria in an overlapping generations model ⋮ EFFICIENT RAMSEY EQUILIBRIA ⋮ Intertemporal equilibrium with financial asset and physical capital ⋮ Pareto optimality and competitive equilibrium in infinite horizon economies ⋮ Efficient and optimal programs when investment is irreversible. A duality theory ⋮ Population growth and economic growth: A reconsideration ⋮ Sustainability and discounted utilitarianism in models of economic growth ⋮ Infinite-horizon choice functions ⋮ Competitive finite value prices: A complete characterization ⋮ Efficient growth with exhaustible resources in a neoclassical model ⋮ Identifying inefficiency in smooth aggregative models of economic growth






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