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Licandro, Omar ; Puch González, Luis A. ; Ruiz Tamarit, J. Ramón | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2001This paper analyzes the equilibrium dynamics of an optimal growth model that incorporates endogenous depreciation, variable capital utilization, and expenditures on the maintenance of physical capital. Maintenance acts as a substitute for invest[...]texto impreso
Boucekkine, Raouf ; Martínez Gonzalo, Blanca ; Ruiz Tamarit, J. Ramón | Aix-Marseille School of Economics, France | 2017This paper revisits the optimal population size problem in a continuous time Ramsey setting with costly child rearing and both intergenerational and intertemporal altruism. The social welfare functions considered range from the Millian to the Be[...]
