The Social Discount Rate, Consumption, and Capital
D. Levhari, N. Liviatan, I. Luski
The Quarterly Journal of Economics · 1974 · Volume 88 · Issue 1
Abstract
I. Introduction, 117. — II. The simple model (continuous time), 117. — III. The discrete production model and the Golden Rule, 119. — IV. Discounting and the optimal stocks of capital, 121.
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