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Optimal economic growth with recursive preferences: decreasing rate of time preference

Mantel, Rolf R · SEDICI UNLP · 1999

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In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare function consisting of the discounted sum of instantaneous utilities, with a constant rate of time preferencie. Such an optimality criterion implies that preferences are independent over time. <i>(Párrafo extraído del texto a modo de resumen)</i> Instituto de Investigaciones Económicas

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APA 7

Mantel, R. R. (1999). Optimal economic growth with recursive preferences: decreasing rate of time preference. http://sedici.unlp.edu.ar/handle/10915/9105

MLA

Mantel, Rolf R. "Optimal economic growth with recursive preferences: decreasing rate of time preference." 1999. http://sedici.unlp.edu.ar/handle/10915/9105.

Chicago

Mantel, Rolf R. 1999. "Optimal economic growth with recursive preferences: decreasing rate of time preference.". http://sedici.unlp.edu.ar/handle/10915/9105.

Harvard

Mantel, R. R. 1999, Optimal economic growth with recursive preferences: decreasing rate of time preference, SEDICI UNLP, available at: http://sedici.unlp.edu.ar/handle/10915/9105 [Accessed 7 Aug. 2026].

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Title
Optimal economic growth with recursive preferences: decreasing rate of time preference
Author / contributors
Mantel, Rolf R
Publisher
SEDICI UNLP
Publication year
1999
Language
English

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