- A TURNPIKE THEOREME FOR A FAMILY OF FUNCTIONS
Cesar Guerrero-Luchtenberg
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Cesar Guerrero-Luchtenberg: Universidad de Alicante
Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)
Abstract:
We prove a uniform turnpike theorem for a family of optimal growth problems arising from a family offelicity functions. More precisely, we show that there exists a uniform d´ such that, for any problem inthe family, and for any d>=d´, the optimal path exhibits convergence to the steady state.
Keywords: Optimal Growth; Turnpike; Complicated Dynamics. (search for similar items in EconPapers)
Pages: 35 pages
Date: 1998-04
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http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-07.pdf Fisrt version / Primera version, 1998 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1998-07
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