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On the neoclassical growth model with non-constant discounting |
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| Authors: | Ryoji Hiraguchi |
| Affiliation: | Faculty of Law and Economics, Chiba University, 1-33, Yayoi-cho, Inage, Chiba, Japan |
| Abstract: | We study the neoclassical growth model with non-constant discounting. We do not assume specific functional forms for discounting and demonstrate that the competitive economy always performs better than the planning economy. |
| Keywords: | E2 |
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