| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965884 | Journal of Macroeconomics | 2010 | 6 Pages |
Abstract
This paper generalizes the Ramsey AK model by allowing the population growth rate to be variable over time subject only to be between prescribed upper and lower limits. Contrary to the standard AK setting, convergence can occur. Moreover, monotonicity as well as an asymptotic balanced growth path equilibrium may arise in the model.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Luca Guerrini,