Optimal economic growth with recursive preferences: decreasing rate of time preference

In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare function consisting of the discounted sum of instantaneous utilities, with a constant rate of time preferencie. Such an optimality criterion implies that preferences are independent over time. <...

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Autor principal: Mantel, Rolf R.
Formato: Articulo
Lenguaje:Inglés
Publicado: 1999
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/9105
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id I19-R120-10915-9105
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
niveles óptimos de producción
economía
crecimiento económico
spellingShingle Ciencias Económicas
niveles óptimos de producción
economía
crecimiento económico
Mantel, Rolf R.
Optimal economic growth with recursive preferences: decreasing rate of time preference
topic_facet Ciencias Económicas
niveles óptimos de producción
economía
crecimiento económico
description In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare function consisting of the discounted sum of instantaneous utilities, with a constant rate of time preferencie. Such an optimality criterion implies that preferences are independent over time. <i>(Párrafo extraído del texto a modo de resumen)</i>
format Articulo
Articulo
author Mantel, Rolf R.
author_facet Mantel, Rolf R.
author_sort Mantel, Rolf R.
title Optimal economic growth with recursive preferences: decreasing rate of time preference
title_short Optimal economic growth with recursive preferences: decreasing rate of time preference
title_full Optimal economic growth with recursive preferences: decreasing rate of time preference
title_fullStr Optimal economic growth with recursive preferences: decreasing rate of time preference
title_full_unstemmed Optimal economic growth with recursive preferences: decreasing rate of time preference
title_sort optimal economic growth with recursive preferences: decreasing rate of time preference
publishDate 1999
url http://sedici.unlp.edu.ar/handle/10915/9105
work_keys_str_mv AT mantelrolfr optimaleconomicgrowthwithrecursivepreferencesdecreasingrateoftimepreference
bdutipo_str Repositorios
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