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Sustainability in the Stochastic Ramsey Model |
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| Authors: | Bhattacharya Rabi Kim Hyeonju Majumdar Mukul |
| Institution: | 1.University of Arizona, Tucson, AZ, USA ;2.Cornell University, Ithaca, NY, USA ; |
| Abstract: | Journal of Quantitative Economics - In this paper we provide a self-contained exposition of the problem of sustaining a constant consumption level in a Ramsey model. Our focus is on the case in... |
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