Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055949 | Economic Modelling | 2009 | 4 Pages |
Abstract
This paper studies how the intertemporal allocation determines the transitional dynamics to a given steady state and the long-term growth of an economy. Our main contribution consists in determining the solutions path for all the variables of the model, under fairly general conditions on Ï and β.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Constantin Chilarescu,