Periodic solutions of the one-sector growth model: The role of income effects

B-Tier
Journal: Journal of Mathematical Economics
Year: 2018
Volume: 78
Issue: C
Pages: 59-63

Authors (2)

Iwasa, Kazumichi (not in RePEc) Sorger, Gerhard (Universität Wien)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The discrete-time version of the neoclassical one-sector growth model with elastic labour supply is considered. It is shown that this model can have periodic solutions only if leisure is not a normal good.

Technical Details

RePEc Handle
repec:eee:mateco:v:78:y:2018:i:c:p:59-63
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29