Article ID Journal Published Year Pages File Type
5059212 Economics Letters 2014 4 Pages PDF
Abstract
We study the neoclassical growth model with non-constant discounting. We do not assume specific functional forms for discounting and demonstrate that the competitive economy always performs better than the planning economy.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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On the neoclassical growth model with non-constant discounting
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