Talk:Golden Rule savings rate
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Golden Rule or Gilded Age
editAn interesting paper by Frank Thompson shows that under the profit maximizing savings rate, consumption is lower than under the Golden Rule savings rate. Somebody who knows more should add a section on it. Source: "Golden Age versus Golden Rule: Capitalists versus Workers in Growth Theory" from Review of Radical Political Economics, Vol. 35, No. 1, 3-17 (2003)
Dr. Schubert's comment on this article
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We believe Dr. Schubert has expertise on the topic of this article, since he has published relevant scholarly research:
- Reference : Cuong Le Van & Katheline Schubert & Tu Anh Nguyen, 2007. "With Exhaustible Resources, Can A Developing Country Escape From The Poverty Trap?," Working Papers 15, Development and Policies Research Center (DEPOCEN), Vietnam.
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Other Versions of the Golden Rule of Accumulation
editI have added a further paragraph on other versions.
The paper by Desrousseaux, J. (1961) is difficult to obtain. I can provide a copy upon request. (schlicht@lmu.de).