(401) An extension of Blach's optimum savings model. امتداد لنموذج بلاخ الأمثل للادخار

This paper, entitled “An Extension of Black's Optimum Savings Model,” attempts to expand John Black’s model of optimal savings, which itself was based on Ramsey’s theory of savings. The author argues that Black’s framework is limited because it assumes that capital alone is responsible for gene...

Descrición completa