On a nonstationary discrete time infinite horizon growth model with uncertainty

Papageorgiou, N; Papalini, F; Vercillo, S

dc.contributor.author	Papageorgiou, N	en
dc.contributor.author	Papalini, F	en
dc.contributor.author	Vercillo, S	en
dc.date.accessioned	2014-03-01T01:45:42Z
dc.date.available	2014-03-01T01:45:42Z
dc.date.issued	1997	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/24690
dc.relation.uri	http://www.karlin.mff.cuni.cz/cmuc/pdf/cmuc9701/papage.pdf	en
dc.subject	Discrete Time	en
dc.subject	Finite Horizon	en
dc.subject	Growth Model	en
dc.subject	Infinite Horizon	en
dc.subject	Transversality Condition	en
dc.subject	Utility Function	en
dc.title	On a nonstationary discrete time infinite horizon growth model with uncertainty	en
heal.type	journalArticle	en
heal.publicationDate	1997	en
heal.abstract	In this paper we examine a nonstationary discrete time, infinite horizon growth model with uncertainty. Under very general hypotheses on the data of the model, we establish the existence of an optimal program and we show that the values of the finite horizon problems tend to that of the infinite horizon as the end of the planning period approaches infinity.	en