Existence of Solutions in Continuous-time Optimal Growth Models

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.

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Year of publication:	2008-11
Authors:	D'Albis, Hippolyte ; Gourdel, Pascal ; Van, Cuong Le
Institutions:	HAL
Subject:	optimization \| continuous time \| optimal growth

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Extent:	application/pdf
Series:	Post-Print.
Type of publication:	Book / Working Paper
Notes:	View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00177269 Published, Economic Theory, 2008, 37, 2, 321-333
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010750563