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A note on comparative statics and dynamics of stationary states

Authors
Journal
Economics Letters
0165-1765
Publisher
Elsevier
Publication Date
Volume
18
Issue
4
Identifiers
DOI: 10.1016/0165-1765(85)90048-5
Disciplines
  • Communication

Abstract

Abstract Certain results are communicated regarding effects of parameter changes, when the stationary state is stable, on the stationary state and an optimal paths in its neighbourhood in discrete time multi-sectoral optimal growth models where period utilities are discounted.

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