Existence of Solutions in Continuous-time Optimal Growth Models

Hippolyte d'Albis (), Pascal Gourdel and Cuong Le Van ()
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Cuong Le Van: CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I

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Abstract: 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.

Keywords: optimization; continuous time; optimal growth. (search for similar items in EconPapers)
Date: 2008-11
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00177269/en/
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Published, Economic Theory, 2008, 37, 2, 321-333

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Related works:
Working Paper: Existence of solutions in continuous-time optimal growth models (2004)
Working Paper: Existence of Solutions in Continuous-time Optimal Growth Models (2007)
Journal Article: Existence of solutions in continuous-time optimal growth models (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00177269_v1

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