Existence of competitive equilibrium in a single-sector growth model with elastic labour

Cuong Le van and Yiannis Vailakis ()
Additional contact information
Yiannis Vailakis: CERMSEM

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: We prove existence of competitive equilibrium in a version of a Ramsey model in which leisure enters the utility function. The analysis is carried out by means of a direct and technically simple approach that allows us to obtain detailed results concerning the behaviour of equilibrium allocations and prices

Keywords: Single-Sector growth model; competitive equilibrium; elastic labour supply (search for similar items in EconPapers)
JEL-codes: C62 D51 E13 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2004-12
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
ftp://mse.univ-paris1.fr/pub/mse/cahiers2004/B04123.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:b04123

Access Statistics for this paper

More papers in Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1) Contact information at EDIRC.
Bibliographic data for series maintained by Lucie Label ().