Knowledge that Transforms

Journal Article Expectations and the Dynamics of Devaluation: A Comment Get access David Burton David Burton Michigan State University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 4, October 1981, Pages 659–660, https://doi.org/10.2307/2297206 Published: 01 October 1981 Article history Received: 01 October 1980 Accepted: 01 March 1981 Published: 01 October 1981

Journal Article Stability of Zero Production Under Life-Cycle Savings Get access Robert M. Costrell Robert M. Costrell University of Massachusetts, Amherst Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 4, October 1981, Pages 661–665, https://doi.org/10.2307/2297207 Published: 01 October 1981 Article history Received: 01 June 1980 Accepted: 01 March 1981 Published: 01 October 1981

Journal Article A Combinatorial Analysis of the Overlapping Generations Model Get access Stephen A. Clark Stephen A. Clark University of Kentucky Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 1, January 1981, Pages 139–145, https://doi.org/10.2307/2297126 Published: 01 January 1981 Article history Received: 01 July 1979 Accepted: 01 May 1980 Published: 01 January 1981

Existence and characterization of optimal growth paths including models with non-convexities in utilities and technologies.

Richard K. Anderson, Akira Takayama; Tariffs, The Terms of Trade and Domestic Prices in a Monetary Economy: A Further Analysis, The Review of Economic Stud

Journal Article A Note on Weak Separability Get access F. P. Murphy F. P. Murphy Trinity College, Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 4, October 1981, Pages 671–672, https://doi.org/10.2307/2297209 Published: 01 October 1981 Article history Received: 01 August 1980 Accepted: 01 July 1981 Published: 01 October 1981

Stiglitz (1974) examines the implications of introducing exhaustible natural resources as an essential factor of production in the standard neoclassical growth model with constant rate of population growth. He shows that, if a steady-state solution exists, it is a saddle-point. Hence, exhaustible resources have the effect of making an otherwise stable system highly unstable. In the present paper I argue that the assumption of a constant rate of population growth is implausible in an economy constrained by exhaustible resources, and examine the implications of making the population growth rate a function of consumption and capital per capita. This simple modification alters the characteristics of the steady state in a number of interesting ways. In particular, it turns out that the steady state is stable for a range of values of the saving/income ratio.

Journal Article Corporate Tax Policy and the Service Life of Capital Equipment Get access James M. Malcomson James M. Malcomson University of York Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 2, April 1981, Pages 311–316, https://doi.org/10.2307/2296887 Published: 01 April 1981 Article history Received: 01 July 1978 Accepted: 01 September 1980 Published: 01 April 1981

Journal Article Estimating Input Demand Equations by Direct and Indirect Methods Get access H. R. Wills H. R. Wills London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 2, April 1981, Pages 255–270, https://doi.org/10.2307/2296883 Published: 01 April 1981 Article history Received: 01 January 1979 Accepted: 01 November 1980 Published: 01 April 1981

Journal Article Efficiency, Weak Value Maximality and Weak Value Optimality in a Multisector Model Get access Tapan Mitra Tapan Mitra State University of New York, Stony Brook Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 4, October 1981, Pages 643–647, https://doi.org/10.2307/2297203 Published: 01 October 1981 Article history Received: 01 March 1977 Accepted: 01 October 1980 Published: 01 October 1981