Existence of solutions in continuous-time optimal growth models

被引:8
作者
d'Albis, Hippolyte [2 ]
Gourdel, Pascal [1 ,3 ]
Le Van, Cuong [3 ]
机构
[1] MSE, CES, F-75013 Paris, France
[2] Univ Toulouse, Toulouse Sch Econ LERNA, Toulouse, France
[3] Univ Paris 01, Paris Sch Econ, CNRS, F-75231 Paris 05, France
关键词
existence of solutions; optimization; continuous time; optimal growth;
D O I
10.1007/s00199-007-0294-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper studies the existence of solutions in continuous time optimization problems. It provides a theorem whose conditions can be easily checked in most models of the optimal growth theory, including those with increasing returns and multi-sector economies.
引用
收藏
页码:321 / 333
页数:13
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