On the Optimal Control of the Vintage Capital Growth Model with Endogenous Labour Supply

Raouf Boucekkine (), Hritonenko Natali () and Yuri Yatsenko
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Hritonenko Natali: Department of Mathematics, Prairie View A&M University, USA

Mathematical Economics Letters, 2013, vol. 1, issue 1, 3-7

Abstract: We prove that the introduction of endogenous indivisible labor supply into the vintage capital growth model does not rule out the turnpike and optimal permanent regime properties, notably the non-monotonicity properties of optimal paths, inherent in this model.

Keywords: Optimal control; integral equations with delays and advances; vintage capital; endogenous labor supply; Optimal control; integral equations with delays and advances; vintage capital; endogenous labor supply (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: On the Optimal Control of the Vintage Capital Growth Model with Endogenous Labour Supply (2013)
Working Paper: On the Optimal Control of the Vintage Capital Growth Model with Endogenous Labour Supply (2013)
Working Paper: On the Optimal Control of the Vintage Capital Growth Model with Endogenous Labour Supply (2013)
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DOI: 10.1515/mel-2013-0001

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