Strategic Ramsey equilibrium dynamics

We study strategic Ramsey equilibria. First, we give necessary and sufficient conditions for a stationary equilibrium point to exist where only the most patient household owns capital. We develop the dynamics of strategic Ramsey equilibrium trajectories when the turnpike property holds and there is a stationary equilibrium with only the most patient household owning capital. We conclude by showing there is a class of economies for which the turnpike property obtains.