Skip to content

[cass_koopmans_1] Turnpike property #457

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
oyamad opened this issue May 20, 2025 · 0 comments
Open

[cass_koopmans_1] Turnpike property #457

oyamad opened this issue May 20, 2025 · 0 comments

Comments

@oyamad
Copy link
Member

oyamad commented May 20, 2025

Shouldn't the "Turnpike Property" refer also to the independence of the initial condition? I.e., if T is large enough, then independent of the initial K_0, the optimal path of K_t stays close to the steady state value.

The code of plot_saving_rate should be extended to accept a list of k0s, to compare the trajectories from different k0s.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

1 participant