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(3)
A Contribution to the Theory of Economic Growth
Second Essay on the Golden Rule of Accumulation
Lectures on Macroeconomics
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The Golden Rule of Accumulation: A Fable for Growthmen
The Golden Rule of Accumulation: A Fable for Growthmen,Edmund Phelps
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The Golden Rule of Accumulation: A Fable for Growthmen
(
Citations: 68
)
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Edmund Phelps
Published in 1961.
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Citation Context
(17)
...Introduced by
Phelps (1961)
, the Golden Rule of capital accumulation states the condition under which the stock of capital per worker maximizes steadystate consumption per head...
David de la Croix
,
et al.
On the Golden Rule of capital accumulation under endogenous longevity
...Following Phelps [
21
], it is then said that the capitallabor...
...capital α ≥ ˆ α can be equivalently reformulated as in Phelps [
21
], namely the...
JeanPierre Drugeon
,
et al.
On efficiency and local uniqueness in twosector OLG economies
...where the long run consumption growth rate g* (which is equal to the long run interest rate under Phelps’ [
35
] golden rule), the rate of time preference r* and the coefficient of relative risk aversion ζ, imply an incremental consumption augmenting rate of g=(g*−r*)/ζ...
Gordon Anderson
.
The empirical assessment of multidimensional welfare, inequality and p...
...This concern motivated the second body of research cited by the Swedish Academy of Sciences, Phelps's analysis of the tradeoff between consumption by current generations and consumption by future generations, starting with his early work on ‘golden rules’ of capital accumulation and economic growth (Phelps,
1961b
,
1965c
,
1966a
,
1966b
; see also Phelps & Shell,
1969
)...
Robert W. Dimand
.
Edmund Phelps and Modern Macroeconomics
...Remark 1. The Golden Rule steady state ¯xgr used in economic growth theory (see for example
Phelps (1961)
), in the case of the CobbDouglas production function f(x) := xfi; maximizes the consumption per period of the form xfi ¡x; x 2 X: Therefore, ¯ xgr = fi...
Andrzej S. Nowak
.
A note on an equilibrium in the great fish war game
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Citations
(68)
On the Golden Rule of capital accumulation under endogenous longevity
(
Citations: 5
)
David de la Croix
,
Gregory Ponthiere
Journal:
Mathematical Social Sciences
, vol. 59, no. 2, pp. 227238, 2010
On efficiency and local uniqueness in twosector OLG economies
(
Citations: 3
)
JeanPierre Drugeon
,
Carine Nourry
,
Alain Venditti
Journal:
Mathematical Social Sciences
, vol. 59, no. 1, pp. 120144, 2010
Monetary policy with an optimal interest structure
Thomas Huth
,
Norbert Olah
,
Dirk Löhr
Published in 2010.
Geldpolitik mit optimaler Zinsstruktur
Norbert Olah
,
Thomas Huth
,
Dirk Löhr
Published in 2010.
Quality standards versus taxation in a dynamic environmental model of a tourism economy
(
Citations: 2
)
Javier Reymaquieira
,
Javier Lozano
,
Carlos M. Gómez
Journal:
Environmental Modelling and Software  ENVSOFT
, vol. 24, no. 12, pp. 14831490, 2009