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Cagri Saglam
Existence, Optimality and Dynamics of Equilibria with Endogenous Time Preference
Xuất bản: 27 July, 2022
To account for the development patterns that differ considerably among economies in the long run, a variety of one-sector models that incorporate some degree of market imperfections based on technological external effects and increasing returns have been...
Optimal timing of regime switching in optimal growth models A Sobolev space approach
Xuất bản: 27 July, 2022
This paper analyses the optimal timing of switching between alternative and consecutive regimes in optimal growth model. We derive the appropariate necessary conditions for such problems by means of the standard techniques from calculus of variations...