We present an overview of selected contributions of the Journal of Mathematical Economics' authors to growth theory in the last half century. We start with the classical optimal growth theory within a benchmark multisector model and outline the successive developments in the analysis of this model, including the turnpike theory. Different refinements of the benchmark are considered along the way. We then survey the abundant literature on endogenous fluctuations in two -sector models. We conclude with two strong trends in the recent growth literature: green growth and infinite -dimensional growth models.
Fifty years of mathematical growth theory: Classical topics and new trends / Augeraud-Veron, E.; Boucekkine, R.; Gozzi, Fausto; Venditti, A.; Zou, B.. - In: JOURNAL OF MATHEMATICAL ECONOMICS. - ISSN 0304-4068. - 111:102966(2024), pp. 1-16. [10.1016/j.jmateco.2024.102966]
Fifty years of mathematical growth theory: Classical topics and new trends
Gozzi F.;
2024
Abstract
We present an overview of selected contributions of the Journal of Mathematical Economics' authors to growth theory in the last half century. We start with the classical optimal growth theory within a benchmark multisector model and outline the successive developments in the analysis of this model, including the turnpike theory. Different refinements of the benchmark are considered along the way. We then survey the abundant literature on endogenous fluctuations in two -sector models. We conclude with two strong trends in the recent growth literature: green growth and infinite -dimensional growth models.File | Dimensione | Formato | |
---|---|---|---|
50YearsJME2024.pdf
Solo gestori archivio
Tipologia:
Versione dell'editore
Licenza:
Tutti i diritti riservati
Dimensione
823.11 kB
Formato
Adobe PDF
|
823.11 kB | Adobe PDF | Visualizza/Apri |
Pubblicazioni consigliate
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.