A closed form Ramsey path
Massimiliano Ferrara () and
Luca Guerrini ()
Rivista Internazionale di Scienze Sociali, 2008, vol. 116, issue 3, 333-340
Abstract:
In this paper we generalize the result obtained by Mehlum (2005) by deriving an explicit solution for the path within a Ramsey model with fixed-proportion technology, CIES utility function and logistic-type population growth.
Keywords: Ramsey; Logistic Population Growth; Closed Form (search for similar items in EconPapers)
JEL-codes: O41 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2008:v:116:i:3:p:333-340
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