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

Raouf Boucekkine (), Natali Hritonenko () and Yuri Yatsenko
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Natali Hritonenko: Prairie View - Texas A&M University System

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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: vintage capital; Optimal control; integral equations with delays and advances; endogenous labor supply (search for similar items in EconPapers)
Date: 2013-02
New Economics Papers: this item is included in nep-dge and nep-fdg
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00796184
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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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