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JOURNALS // Avtomatika i Telemekhanika // Archive

Avtomat. i Telemekh., 2006 Issue 4, Pages 126–136 (Mi at1170)

This article is cited in 10 papers

Control in Social Economic Systems

Structure of equilibrium time-varying trajectories in the Lucas endogenous growth model

A. V. Korolev, V. D. Matveenko

St. Petersburg Institute for Economics and Mathematics, Russian Academy of Sciences

Abstract: A family of time-varying equilibrium trajectories in the well-known Lucas endogenous economic growth model is studied. The equilibrium trajectories are shown to differ not only in level, but also in long-term growth rate under a certain combination of parameters.

PACS: 89.75.-k, 89.75.Fb, 89.65.-s, 89.65.Gh

Presented by the member of Editorial Board: D. A. Novikov

Received: 30.07.2002


 English version:
Automation and Remote Control, 2006, 67:4, 624–633

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