Oppdragsgivers prosjektnr.:
Frisch prosjekt:
At Last! An Explicit Solution for the Ramsey Saddle Path
Link to article:
Authors:
Mehlum, Halvor
Year:
2002
Reference:
Memorandum
Number in series: 26
Summary
I derive an explicit solution for the saddle path in a Ramsey growth model. The existence of a closed form expression greatly simpliÞes the analysis of how the parameters of the utility function affects investments and growth.
JEL:
D91O41
Keywords:
Ramsey growth model
Project:
Oppdragsgiver:Oppdragsgivers prosjektnr.:
Frisch prosjekt:
