On the non-existence of optimal programs in the Robinson-Solow-Srinivasan (RSS) model

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 109
Issue: 2
Pages: 94-98

Authors (2)

Khan, M. Ali (Johns Hopkins University) Piazza, Adriana (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

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Abstract

We show that in the 2-sector RSS model, there is no optimal program for any initial stock when the felicity function is linear and the marginal rate [xi] equals unity. This settles a conjecture, unresolved since 2005.

Technical Details

RePEc Handle
repec:eee:ecolet:v:109:y:2010:i:2:p:94-98
Journal Field
General
Author Count
2
Added to Database
2026-01-25