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

Raouf Boucekkine (), Natali Hritonenko () and Yuri Yatsenko
Additional contact information
Natali Hritonenko: Department of mathematics, Prairie View A&M University, USA.

No 1303, AMSE Working Papers from Aix-Marseille School of Economics, France

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. (search for similar items in EconPapers)
Pages: 9 pages
Date: 2013-02-05, Revised 2013-02-05
New Economics Papers: this item is included in nep-dge and nep-fdg
Note: C61, C62, O40
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: 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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Persistent link: https://EconPapers.repec.org/RePEc:aim:wpaimx:1303

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