A closed-form solution to the transitional dynamics of the Lucas-Uzawa model

被引：5

作者：

Chilarescu, Constantin ^{[1
,2
]}

机构：

[1] Univ Lille 1, Lab EQUIPPE, F-59655 Villeneuve Dascq, France

[2] W Univ Timisoara, Dept Econ, Timisoara, Romania

来源：

ECONOMIC MODELLING | 2009年 / 26卷 / 01期

关键词：

Endogenous growth model; Hamiltonian function; Optimal solution;

D O I：

10.1016/j.econmod.2008.06.005

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper studies how the intertemporal allocation determines the transitional dynamics to a given steady state and the long-term growth of an economy. Our main contribution consists in determining the solutions path for all the variables of the model, under fairly general conditions on sigma and beta. (c) 2008 Elsevier B.V. All rights reserved.

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收藏

页码：135 / 138

页数：4

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