Optimal growth models and the Lagrange Multipliers
(2003)
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- Abstract
- We provide sufficient conditions on the objective functional and the constraint functions under which the Lagrangean can be represented by a L exp.1 sequence of multipliers in infinite horizon discrete time optimal growth models.
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Citations
Le Van, C., & Saglam, C. (2003). Optimal growth models and the Lagrange Multipliers (ECON Discussion Papers 2003/87). https://hdl.handle.net/2078.5/35856