A Simple Proof of Existence of Equilibrium in a One Sector Growth Model with Bounded or Unbounded Returns From Below.

We analyse a Ramsey economy when net investment is constrained to be non negative. We prove existence of a competitive equilibrium when utility need not hold. The analysis is carried out by means of direct and technically standard strategy.

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Year of publication:	2000
Authors:	Duran, J. ; Le Van, C.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	GROWTH MODELS \| INVESTMENTS \| COMPETITION

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Series:	Papers.
Type of publication:	Book / Working Paper
Notes:	19 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D51 - Exchange and Production Economies ; E13 - Neoclassical
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005779546