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Chebyshevskii Sbornik, 2021, Volume 22, Issue 2, Pages 501–509
DOI: https://doi.org/10.22405/2226-8383-2018-22-2-501-509 (Mi cheb1049) 		 
This article is cited in 1 scientific paper (total in 1 paper)

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Restrictions on the values of the consumption function in the Ramsey — Kass — Koopmans economic growth model in the case of a stationary saving function

A. I. Kozkoabc, L. M. Luzhinaba, A. Yu. Popovab, V. G. Chirskiiba

a Lomonosov Moscow State University (Moscow)
b Russian Presidential Academy of National Economy and Public Administration (Moscow)
c Moscow Center of Fundamental and Applied Mathematics (Moscow)
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DOI: https://doi.org/10.22405/2226-8383-2018-22-2-501-509
Abstract: We study the dependence of the functions of capital (resource) and consumption in the Ramsey–Kass–Koopmans economic model in the case when saving is an identical constant. The system of differential equations describing the evolution of the economic model under consideration is solved in quadratures under the assumptions made. Upper estimates of the consumption function are found based on the obtained solution.
Keywords: mathematical model, Ramsey–Kass–Koopmans problem, competitive households, function of capital, consumption.
Funding agency Grant number
Russian Foundation for Basic Research 19-01-00332_a
Document Type: Article
UDC: 518.865
Language: Russian
Citation: A. I. Kozko, L. M. Luzhina, A. Yu. Popov, V. G. Chirskii, “Restrictions on the values of the consumption function in the Ramsey — Kass — Koopmans economic growth model in the case of a stationary saving function”, Chebyshevskii Sb., 22:2 (2021), 501–509
Citation in format AMSBIB
\Bibitem{KozLuzPop21}
\by A.~I.~Kozko, L.~M.~Luzhina, A.~Yu.~Popov, V.~G.~Chirskii
\paper Restrictions on the values of the consumption function in the Ramsey --- Kass --- Koopmans economic growth model in the case of a stationary saving function
\jour Chebyshevskii Sb.
\yr 2021
\vol 22
\issue 2
\pages 501--509
\mathnet{http://mi.mathnet.ru/cheb1049}
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