At Last! An Explicit Solution for the Ramsey Saddle Path

Halvor Mehlum ()

GE, Growth, Math methods from EconWPA

Abstract: I derive an explicit solution for the saddle path in a Ramsey growth model. The existence of a closed form expression greatly simplifies the analysis of how the parameters of the utility function affects investments and growth.

Keywords: Ramsey; growth; model (search for similar items in EconPapers)
JEL-codes: D91 O41 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-dge
Date: 2002-10-08
Note: Type of Document - pdf; prepared on latex; pages: 6
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http://129.3.20.41/eps/ge/papers/0210/0210005.pdf (application/pdf)

Related works:
Working Paper: At Last! An Explicit Solution for the Ramsey Saddle Path (2003)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpge:0210005

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