Showing 1 - 10 of 11
This paper examines a model of optimal growth where the agregation of two separate well behaved and concave production technologies exhibits a basic non-convexity. Multiple equilibria prevail in an intermediate range of interest rate. However, we show that the optimal paths monotonically...
Persistent link: https://www.econbiz.de/10005796038
Persistent link: https://www.econbiz.de/10005545563
Persistent link: https://www.econbiz.de/10005545689
Persistent link: https://www.econbiz.de/10005353117
Persistent link: https://www.econbiz.de/10005353218
Persistent link: https://www.econbiz.de/10005353222
Persistent link: https://www.econbiz.de/10005353376
Persistent link: https://www.econbiz.de/10005729554
Persistent link: https://www.econbiz.de/10005729560
Persistent link: https://www.econbiz.de/10005729842