Interior Optima and the Inada Conditions
9 Pages Posted: 23 Dec 2014
Date Written: July 27, 2007
We present a new proof of the interiority of the policy function based on the Inada conditions. It is based on supporting properties of concave functions.
Keywords: growth model, Inada conditions, policy function
JEL Classification: E00, C61
Suggested Citation: Suggested Citation