Optimal Resource Allocation in a Representative Investor Economy
The Ramsey–Cass–Koopmans neoclassical growth setup and the AK endogenous growth framework are two prototypes of a class of growthmodelswhere, by assumption, investment resources are always perfectly allocated to production. As a corollary, these models offer a partial view of the growth process circ...
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| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2017
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| Texto completo: | http://hdl.handle.net/10400.21/6898 |
| País: | Portugal |
| Oai: | oai:repositorio.ipl.pt:10400.21/6898 |