Optimal Growth:
Selected References

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A. Abel and O.J. Blanchard (1983) "An Intertemporal Equlibrium Model of Saving and Investment", Econometrica, Vol. 51 (3), p.675-92.

M. Allais (1947) Economie et Intérêt. Paris: Imprimerie Nationale.

M. Allais (1962) "The Influence of the Capital-Output Ratio on Real National Income", Econometrica, Vol. 30, p.700-28.

K.J. Arrow (1973) "Rawls's Principle of Just Saving", Swedish Journal of Economics, Vol. 75, p.323-35.

K.J. Arrow (1979) "The Trade-Off Between Growth and Equity", in H.I. Greenfield, A.M. Levenson, W. Hamovitch and E. Rotwein, editors, Theory for Economic Efficiency: Essays in honor of Abba P. Lerner. Cambridge, Mass: M.I.T. Press.

K.J. Arrow and M. Kurz (1970) Public Investment, the Rate of Return and Optimal Fiscal Policy. Baltimore: The Johns Hopkins University Press.

H. Atsumi (1965) "Neoclassical Growth and the Efficient Program of Capital Accumulation", Review of Economic Studies, Vol. 32, p.127-36.

P.T. Bauer (1957) Economic Analysis and Policy in Underdeveloped Countries. Durham, NC: Duke University Press.

R.J. Barro (1974) "Are Government Bonds Net Wealth?", Journal of Political Economy, Vol. 82 (6), p.1095-1117.

W.J. Baumol (1952) Welfare Economics and the Theory of the State. Cambridge, Mass: Harvard University Press.

R.A. Becker (1980) "On the Long-Run Steady State in a Simple Dynamic Model of Equilibrium with Heterogeneous Households", Quarterly Journal of Economics, Vol. 95, p.;375-82.

R.A. Becker and M. Majumdar (1989) "Optimality and Decentralization in Infinite Horizon Economies", in G. Feiwel, editor, Joan Robinson and Modern Economics. New York: New York University Press.

O.J. Blanchard and S. Fischer (1989) Lectures in Macroeconomics. Cambridge, Mass: M.I.T. Press

E. v. Böhm-Bawerk (1889) The Positive Theory of Capital. 1923 reprint of 1891 Smart translation, New York: Stechert.

D.J. Brown and L.M. Lewis (1981) "Myopic Economic Agents", Econometria, Vol. 49, (2), p.359-68.

G. Calvo (1978) "Some Notes on Time Inconsistency and Rawls' Maximin Criterion", Review of Economic Studies, Vol. 45 (1), p.97-102.

D. Cass (1965) "Optimum Growth in an Aggregative Model of Capital Accumulation", Review of Economic Studeis, Vol. 32, p.233-40.

D. Cass (1966) "Optimum Growth in an Aggregative Model of Capital Accumulation: A turnpike theorem", Econometrica, Vol. 34, p.833-50.

S. Chakravarty (1962) "The Existence of an Optimum Savings Program", Econometrica, Vol. 30 (1), p.178-87.

P. Dasgupta (1974a) "On Some Problems Arising from Professor Rawls's Conception of Distributive Justice", Theory and Decision, Vol. 4, p.325-44.

P. Dasgupta (1974b) "On Some Alternative Criteria for Justice Between Generations", Journal of Public Economics, Vol. 3, p.

J. Desrousseaux (1961) "Expansion table et taux d'intérêt optimal", Annales de Mines, p.31-46.

P.A. Diamond (1965) "The Evaluation of Infinite Utility Streams", Econometrica, Vol. 33, p.170-7.

O. Eckstein (1957) "Investment Criteria for Economic Development and the Theory of Intertemporal Welfare Economics", Quarterly Journal of Economics,

P.C. Fishburn and A. Rubinstein (1982) "Time Preference", International Economic Review, Vol. 23 (3), p.677-94.

I. Fisher (1930) The Theory of Interest: As determined by impatience to spend income and opportunity to invest it. 1954 reprint, New York: Kelley and Millman.

R. Frisch (1964) "Dynamic Utility", Econometrica, Vol. 32, p.418-24.

D. Gale (1967) "On Optimal Development in a Multi-Sector Economy", Review of Economic Studies, Vol. 34, p.1-18.

R.M. Goodwin (1961) "The Optimal Growth Path for an Underdeveloped Economy", Economic Journal, Vol. 71, p.756-74.

J. de V. Graaff (1957) Theoretical Welfare Economics. 1971 edition, Cambridge, UK: Cambridge University Press.

F.H. Hahn (1985) Money, Growth and Stability. Cambridge, Mass: MIT Press.

F.H. Hahn and R.M. Solow (1995) A Critical Essay on Modern Macroeconomic Theory. Cambridge, Mass: M.I.T. Press.

P.J. Hammond and J.A. Mirrlees (1973) "Agreeable Plans", in J.A. Mirlees and N. Stern, editors, Models of Economic Growth. New York: Wiley.

R.F. Harrod (1948) Towards a Dynamic Economics: Some recent developments of economic theory and their application to policy. London: Macmillan.

J. Hirshleifer (1970) Investment, Interest and Capital. Englewood Cliffs, NJ: Prentice-Hall.

R.F. Kahn (1959) "Exercises in the Analysis of Growth", Oxford Economic Papers,

J.M. Keynes (1930) "F. P. Ramsey: An obituary", Economic Journal, Vol. 40, p.153-4. As reprinted in Keynes, 1933, Essays in Biography. London: Macmillan.

A.P. Kirman (1992) "Whom or What Does the Representative Agent Represent?", Journal of Economic Perspectives, Vol. 6 (2), p. 117-36.

T.C. Koopmans (1960) "Stationary Ordinal Utility and Impatience", Econometrica, Vol. 28, p.287-309.

T.C. Koopmans (1965) "On the Concept of Optimal Economic Growth", Pontificae Academiae Scientiarum Scripta Varia, Vol. 28, p.225-300.

T.C. Koopmans (1967) "Objectives, Constraints and Outcomes in Optimal Growth Models", Econometrica, Vol. 35, p.1-15.

T.C. Koopmans (1972) "Representation of Preference Orderings over Time", in C.B. McGuire and R. Radner, editors, Decision and Organization A volume in honor of Jacob Marschak. Amsterdam: North-Holland.

T.C. Koopmans (1977) "Concepts of Optimality and Their Uses", American Economic Review, Vol. 67 (3), p.261-74.

T.C. Koopmans, P.A. Diamond and R.E. Williamson (1964) "Stationary Utility and Time Perspective", Econometrica, Vol. 32, p.82-100.

K. Lancaster (1963) "An Axiomatic Theory of Consumer Time Preference", International Economic Review, Vol. 4, p.221-31.

A.P. Lerner (1959) "Consumption-Loan Interest and Money", Journal of Political Economy, Vol. 67 (5), p.512-8.

G. Loewenstain and J. Elster (1992), editors, Choice Over Time. New York: Russell Sage Foundation.

R.E. Lucas and N. Stokey (1984) "Optimal Growth with Many Consumers", Journal of Economic Theory, Vol. 32, p.139-71.

M.J.P. Magill (1981) "Infinite Horizon Programs", Econometrica, Vol. 49 (3), p.679-711.

E. Malinvaud (1965) "Croissances optimales dans un modèle macroéconomique", Pontificae Academiae Scientiarum Scripta Varia, Vol. 28, p.301-384.

S.A. Marglin (1963) "The Social Rate of Discount and the Optimal Rate of Investment", Quarterly Journal of Economics, Vol. 77 (1), p.95-111.

L.W. McKenzie (1986) "Optimal Economic Growth, Turnpike Theorems and Comparative Dynamics", in K.J. Arrow and M.D. Intriligator, Handbook of Mathematical Economics, Vol. III. Amsterdam: North-Holland.

J.A. Mirrlees (1967) "Opimum Growth when Technology is Changing", Review of Economic Studies, Vol. 34 (1), p.95-124.

L. v. Mises (1949) Human Action: A treatise on economics. 1963 edition, New Haven: Yale University Press.

B. Peleg and M. Yaari (1973) "On the Existence of a Consistent Course of Action when Tastes are Changing", Review of Economic Studies, Vol. 40 (3), p.391-401.

E.S. Phelps (1961) "The Golden Rule of Accumulation: A Fable for Growthmen", American Economic Review, Vol. 51, p.638-43.

E.S. Phelps (1966) Golden Rules of Economic Growth: Studies of efficient and optimal investment. New York: Norton.

E.S. Phelps (1974) Fiscal Neutrality Toward Economic Growth. New York: McGraw-Hill.

E.S. Phelps and R.A. Pollack (1968) "On Second-Best National Saving and Game-Equilibrium Growth", Review of Economic Studies, Vol. 35, p.

E.S. Phelps and J.G. Riley (1978) "Rawlsian Growth: Dynamic programming of capital and wealth for intergeneration "maximin" justice", Review of Economic Studies, Vol. 45 (1), p.103-20.

A.C. Pigou (1920) The Economics of Welfare. 1952 (4th) edition, London: Macmillan.

F.P. Ramsey (1928) "A Mathematical Theory of Saving", Economic Journal, Vol. 38, p.543-59.

J. Rawls (1971) A Theory of Justice. Cambridge, Mass: Harvard University Press.

J. Robinson (1962) "A Neo-classical Theorem", Review of Economic Studies, Vol. 29, p.219-26. Reprinted as "A Neo-neoclassical Theorem", in Robinson (1962) Essays in the Theory of Economic Growth, 1968 edition, London: Macmillan.

A. Rubinstein (2000)

H.E. Ryder and G.M. Heal (1973) "Optimum Growth with Intertemporally Dependent Preferences", Review of Economic Studies, Vol. 40 (1), p.1-32.

P.A. Samuelson (1937) "A Note on Measurement of Utility", Review of Economic Studies, Vol. 4, p.155-61.

P.A. Samuelson (1958) "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money", Journal of Political Economy, Vol. 66 (5), p.467-82.

P.A. Samuelson (1959) "Reply to Lerner", Journal of Political Economy, Vol. 67 (5), p.518-22.

P.A. Samuelson (1965) "A Catenary Turnpike Theorem Involving Consumption and the Golden Rule", American Economic Review, Vol. 55, p.486-96.

P.A. Samuelson and R.M. Solow (1956) "A Complete Capital Model Involving Heterogeneous Capital Goods", Quarterly Journal of Economics, Vol. 70, p.537-62.

J.A. Schumpeter (1912) The Theory of Economic Development. 1934 translation, Cambridge Mass: Harvard University Press.

A.K. Sen (1961) "On Optimising the Rate of Saving", Economic Journal, Vol. 71, p.479-96.

H. Shefrin (1998) "Changing Utility Functions" in S. Barberà, P.J. Hammond and C. Seidl, editors, Handbook of Utility Theory: Vol. I - Principles. Dordrecht: Kluwer.

K. Shell (1967) "Optimal Programs of Capital Accumulation for an Economy in which there is Exogenous Technical Change", in Shell, 1967, editor, Essays on the Theory of Optimal Economic Growth. Cambridge, Mass: M.I.T. Press.

K. Shell (1969) "Application of Pontryagin's Maximum Principle to Economics", in H.W. Kuhn and G.P. Szegö, editors, Mathematical Systems Theory and Economics, Vol. 1, p.241-92.

R.M. Solow (1974) "Intergenerational Equity and Exhaustible Resources", Review of Economic Studies, Vol. 41, p.29-45.

T.N. Srinivasan (1964) "Optimal Savings in a Two Sector Model of Growth", Econometrica, Vol. 32, p.358-73.

R.H. Strotz (1956) "Myopia and Inconsistency in Dynamic Utility Maximization", Review of Economic Studies, Vol. 23 (3), p.165-80.

T. W. Swan (1963) "Of Golden Ages and Production Functions", in K. Berrill, editor, Economic Development with Special Reference to East Asia: Proceedings of an International Economic Association conference. London: Macmillan.

J. Timbergen (1956) "The Optimum Rate of Saving", Economic Journal, Vol. 66, p.603-9.

J. Tinbergen (1960) "Optimum Savings and Utility Maximization Over Time", Econometrica, Vol. 28, p.481-9.

H. Uzawa (1964) "Optimal Growth in a Two-Sector Model of Capital Accumulation", Review of Economic Studies, Vol. 31, p.1-24.

H. Uzawa (1968) "Market Allocation and Optimum Growth", Australian Economic Papers, Vol. 7, p.17-27.

H. Uzawa (1968) "Time Preference, the Consumption Function and Optimum Asset Holdings", in J.N. Wolfe, editor, Value, Capital and Growth. Edinburgh: University of Edinburgh Press.

H. Uzawa (1969) "Optimum Fiscal Policy in an Aggregative Model of Economic Growth", in I. Adelman and E. Thorbecke, editors, The Theory and Design of Economic Development. Balitmore: Johns Hopkins Press.

C.C. von Weizsäcker (1962) Wachstum, Zins und Optimale Investifionsquote. Basel: Kyklos-Verlag.

C.C. von Weizsäcker (1965) "Existence of Optimal Programs of Accumulation for an Infinite Time Horizon", Review of Economic Studies, Vol. 32, p.85-104.

M.E. Yaari (1964) "On the Existence of an Optimal Plan in a Continuous-Time Allocation Process", Econometrica, Vol. 32 (4), p.576-90.

M.E. Yaari (1965) "Uncertain Lifetime, Life Insurance and the Theory of the Consumer", Review of Economic Studies, Vol. 32, p.137-50.

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