Asymptotics of Equilibrium Paths in an Endogenous Growth Model with Concave Consumption Function

Vera Kipyatkova

No 2008/03, EUSP Department of Economics Working Paper Series from European University at St. Petersburg, Department of Economics

Abstract: An AK-model of economic growth is considered based upon a supposition that there are several agents in an economy, which have initially different wealth. Saving rate of each agent depends on her wealth. Main attention is given to asymptotic behavior of equilibrium paths. (In Russian).

Keywords: endogenous growth; mathematical model; equilibrium; consumption (search for similar items in EconPapers)
JEL-codes: D91 O40 (search for similar items in EconPapers)
Date: 2008-10, Revised 2008-12
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