This paper complements research on how love of wealth bears on key variables in a Ramsey-Cass-Koopmans growth framework. It is shown that for an optimum the social planner cannot have an excessive love of wealth. If the planner has the 'right' love of wealth an optimum exists and implies higher...

We investigate the role of complementarities in production and skill mobility across cities. We propose a general equilibrium model of location choice by heterogeneously skilled workers, and consider different degrees of complementarities between the skills of workers. The nature of the...

The multiplier/accelerator discretely revisited / R.M. Goodwin -- Harrodian macrodynamics in generalized coordinates / L. Punzo -- Applications of mathematics to the Goodwin model / G. Ricci -- Learning by doing and cyclical growth / V. De Nicolo -- The occurrence of erratic fluctuations in...