| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5069847 | Finance Research Letters | 2007 | 7 Pages |
Abstract
The paper is concerned with the existence of a consumption sequence that implies wealth to grow at a given rate. It is shown that under reasonable assumptions such a sequence exists and can be determined by solving a fixed-point problem.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Klaus Hellwig,