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024 - 39351419
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Cuong Le Van
Some Issues on the Vietnam Economic Growth
Xuất bản: 27 July, 2022
We first consider the question of the productivity of the economy of Vietnam at the macro level. With theoretical models and empirical data, we find out the Leontief production function, and its associated TFP (Total Factor Productivity). We show that...
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View abstractIntertemporal equilibrium with fi nancial asset and physical capital
Xuất bản: 27 July, 2022
We build an in nite-horizon dynamic deterministic general equilibrium model with imperfect market (borrowing constraint) in which heterogenous agents invest in capital or nancial asset, work and consume, a representative rm maximizes pro t. Firstly,...
Equilibrium existence in the international asset and good markets
Xuất bản: 27 July, 2022
The international asset pricing models are mostly developed in the case of parity failure (investors of di?erent countries do not agree on the expected returns on securities). In this case, an equilibrium in the international asset markets may exist,...
On existence, efficiency and bubbles of Ramsey equilibrium with borrowing constraints
Xuất bản: 27 July, 2022
We address the fundamental issues of existence and efficiency of an equilibrium in a Ramsey model with many agents, where agents have heterogenous discounting, elastic labor supply and face borrowing constraints. The existence of rational bubbles is also...
Saving Rate, Total Factor Productivity and Growth Process for Developing Countries
Xuất bản: 27 July, 2022
Existence of competitive equilibrium in an optimal growth model with heterogeneous agents and endogenous...
Xuất bản: 27 July, 2022
This paper proves the existence of competitive equilibrium in a single-sector dynamic economy with heterogeneous agents and elastic labor sup- ply. The method of proof relies on some recent results concerning the existence of Lagrange multipliers in in nite...