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Three essays on theories of economic growth, resource development and climate change

Cai, Yiyong

Description

This thesis is a collection of essays on theories of economic growth, resource development and climate change. The first essay (Chapter 2) studies the fundamental dynamic properties of stochastic optimal growth models with capital and elastic labour supply. It provides conditions on the primitives of the model under which the optimal policy functions are existent, unique, continuous and monotone. Second, it provides conditions under which the distribution of income converges to a unique...[Show more]

CollectionsOpen Access Theses
Date published: 2012
Type: Thesis (PhD)
URI: http://hdl.handle.net/1885/149867
DOI: 10.25911/5d5e768ac9f68
Access Rights: Open Access

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