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The Social Discount Rate, Consumption, and Capital

D. Levhari, N. Liviatan and I. Luski

The Quarterly Journal of Economics, 1974, vol. 88, issue 1, 117-126

Abstract: I. Introduction, 117. — II. The simple model (continuous time), 117. — III. The discrete production model and the Golden Rule, 119. — IV. Discounting and the optimal stocks of capital, 121.

Date: 1974
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