Dynamic Programming in Economics / Edition 1

Dynamic Programming in Economics / Edition 1

by Cuong Van, Rose-Anne Dana, Cuong Le Van
     
 

ISBN-10: 1402074093

ISBN-13: 9781402074097

Pub. Date: 04/30/2003

Publisher: Springer US

Dynamic Programming in Economics is an outgrowth of a course intended for students in the first year PhD program and for researchers in Macroeconomics Dynamics. It can be used by students and researchers in Mathematics as well as in Economics. The purpose of Dynamic Programming in Economics is twofold: (a) to provide a rigorous, but not too complicated,

…  See more details below

Overview

Dynamic Programming in Economics is an outgrowth of a course intended for students in the first year PhD program and for researchers in Macroeconomics Dynamics. It can be used by students and researchers in Mathematics as well as in Economics. The purpose of Dynamic Programming in Economics is twofold: (a) to provide a rigorous, but not too complicated, treatment of optimal growth models in infinite discrete time horizon, (b) to train the reader to the use of optimal growth models and hence to help him to go further in his research. We are convinced that there is a place for a book which stays somewhere between the "minimum tool kit" and specialized monographs leading to the frontiers of research on optimal growth.

Product Details

ISBN-13:
9781402074097
Publisher:
Springer US
Publication date:
04/30/2003
Series:
Dynamic Modeling and Econometrics in Economics and Finance Series, #5
Edition description:
2003
Pages:
203
Product dimensions:
6.10(w) x 9.25(h) x 0.02(d)

Table of Contents

Preface1
1Some Growth Models3
2The Ramsey Model13
3An Aggregated Optimal Growth Model with a Convex-Concave Production Function37
4Multisector Optimal Growth Models With Bounded From Below Returns63
5Optimal Growth Models With Unbounded From Below Return101
6Optimal Growth and Competitive Equilibrium121
7Optimal Growth Models Without Discounting131
8Turnpike in Optimal Growth Models with Convex Technology149
9Cycles and Chaos in Optimal Growth Models165
A: Appendix181
Bibliography193
Index199

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >