Existence of optimal strategies in linear multisector models

被引：18

作者：

Freni, Giuseppe

Gozzi, Fausto

Salvadori, Neri

机构：

[1] Univ Pisa, Fac Econ, Dipartimento Sci Econ, I-56124 Pisa, Italy

[2] Univ LUISS, Fac Econ, Dipartimento Sci Econ & Aziendali, I-00198 Rome, Italy

[3] Univ Parthenope, Fac Econ, Dipartimento Econ, I-80133 Naples, Italy

来源：

ECONOMIC THEORY | 2006年 / 29卷 / 01期

关键词：

endogenous growth; optimal control with mixed constraints; von Neumann growth model;

D O I：

10.1007/s00199-005-0025-y

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, we give a sufficient and almost necessary condition for the existence of optimal strategies in linear multisector models when time is continuous, consumption is limited to one commodity, the instantaneous utility is of the CES type, and available technology allows a positive growth rate.

引用

页码：25 / 48

页数：24

共 50 条

[1] Existence of optimal strategies in linear multisector models
Giuseppe Freni
Fausto Gozzi
Neri Salvadori
[J]. Economic Theory, 2006, 29 : 25 - 48
[2] Existence of optimal strategies in linear multisector models with several consumption goods
Freni G.
Gozzi F.
Salvadori N.
[J]. Decisions in Economics and Finance, 2017, 40 (1-2) : 199 - 229
[3] Optimal strategies in linear multisector models: Value function and optimality conditions
Freni, Giuseppe
Gozzi, Fausto
Pignotti, Cristina
[J]. JOURNAL OF MATHEMATICAL ECONOMICS, 2008, 44 (01) : 55 - 86
[4] ON THE EXISTENCE OF A STATIONARY OPTIMAL STOCK FOR A MULTISECTOR ECONOMY - A PRIMAL APPROACH
KHAN, MA
MITRA, T
[J]. JOURNAL OF ECONOMIC THEORY, 1986, 40 (02) : 319 - 328
[5] On the smoothness of value functions and the existence of optimal strategies in diffusion models
Strulovici, Bruno
Szydlowski, Martin
[J]. JOURNAL OF ECONOMIC THEORY, 2015, 159 : 1016 - 1055
[6] The existence of steady states in multisector capital accumulation models with recursive preferences
Boyd, JH
[J]. JOURNAL OF ECONOMIC THEORY, 1996, 71 (01) : 289 - 297
[7] HOPF BIFURCATIONS IN MULTISECTOR MODELS OF OPTIMAL ECONOMIC-GROWTH
ZHANG, WB
[J]. ECONOMICS LETTERS, 1988, 26 (04) : 329 - 334
[8] ON EXISTENCE OF STATIONARY OPTIMAL STRATEGIES
ORNSTEIN, D
[J]. PROCEEDINGS OF THE AMERICAN MATHEMATICAL SOCIETY, 1969, 20 (02) : 563 - &
[9] ENDOGENOUS CYCLES IN DISCRETE SYMMETRICAL MULTISECTOR OPTIMAL-GROWTH MODELS
CARTIGNY, P
VENDITTI, A
[J]. JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 1995, 86 (01) : 17 - 36
[10] Strong concavity properties of indirect utility functions in multisector optimal growth models
Venditti, A
[J]. JOURNAL OF ECONOMIC THEORY, 1997, 74 (02) : 349 - 367

← 1 2 3 4 5 →