Title :
The Lucas Optimal Growth Model on Finite Horizon
Author_Institution :
Fac. of Math. & Comput. Sci., West Univ. of Timisoara, Timisoara, Romania
Abstract :
In this paper the Lucas optimal growth of the human capital and consumption is analyzed on finite horizon. The main purpose is the approximation of the optimal human capital and consumption evolution on infinite horizon by the finite case which can be numerically computed.
Keywords :
"Humans","Infinite horizon","Mathematical model","Production","Scientific computing","Mathematics","Computer science","Electronic mail","Algorithm design and analysis"
Conference_Titel :
Symbolic and Numeric Algorithms for Scientific Computing (SYNASC), 2009 11th International Symposium on
Print_ISBN :
978-1-4244-5910-0
DOI :
10.1109/SYNASC.2009.26
