Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86983
Authors: 
Elbers, Chris
Year of Publication: 
2009
Series/Report no.: 
Tinbergen Institute Discussion Paper 09-018/2
Abstract: 
This note describes methods for solving deterministic and stochastic versions of the discrete-time Ramsey model of economic growth. We derive an iterative procedure for solving the Euler equation and apply it to an example adapted from Pan (2007).
Subjects: 
Ramsey model
Stochastic Ramsey model
Solution methods
JEL: 
C61
E22
O41
Document Type: 
Working Paper

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