Optimal Control of Infinite-Horizon Growth Models - A Direct Approach, FEP Working Paper, n. 506, 2013

We propose a framework to solve dynamic nonlinear infinite-horizon models like those found in the standard economic growth literature. We employ a direct method to solve the underlying optimal control problem, something novel in the economic literature. Instead of deriving the necessary optimality c...

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Detalhes bibliográficos
Autor principal: Mário Amorim Lopes (author)
Outros Autores: Fernando A.C.C. Fontes (author), Dalila B.M.M. Fontes (author)
Formato: other
Idioma:eng
Publicado em: 2013
Assuntos:
Texto completo:https://hdl.handle.net/10216/70673
País:Portugal
Oai:oai:repositorio-aberto.up.pt:10216/70673