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MSS
2010
IEEE
82views Hardware» more  MSS 2010»
14 years 10 months ago
On the Golden Rule of capital accumulation under endogenous longevity
This note derives the Golden Rule of capital accumulation in a Chakrabortytype economy, i.e. a two-period OLG economy where longevity is endogenous. It is shown that the capital p...
David de la Croix, Gregory Ponthiere