The Ramsey model with AK technology and a bounded population growth rate

被引：10
|
作者：
Guerrini, Luca [1 ]
机构：
[1] Univ Bologna, Dept Math Econ & Social Sci, I-40126 Bologna, Italy
来源：
JOURNAL OF MACROECONOMICS | 2010年 / 32卷 / 04期
关键词：
Ramsey; AK model; Bounded population growth rate;
D O I：
10.1016/j.jmacro.2010.05.001
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码：1178 / 1183
页数：6
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