Titlebook: Contributions to the Von Neumann Growth Model; Proceedings of a Con Gerhart Bruckmann (Professor at the University of Conference proceedin

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Maximal Growth when Food Output Is Uncertainy consumption demand and labour supply relationships. In such an economy, a poor crop raises the relative price of food and hence the wage rate. It is shown that as a result, the maximum expected rate of growth for the economy is less than the maximum rate achievable when the expected food output is

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Lehr- und Forschungstexte Psychologiel balanced growth processes that are feasible for a given technology, and .* is the same for all strictly positive .; (3) for any balanced growth process, . ≦ .* with probability one, and if . = .* then . = .* with probability one.

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Balanced Stochastic Growth at the Maximum Ratel balanced growth processes that are feasible for a given technology, and .* is the same for all strictly positive .; (3) for any balanced growth process, . ≦ .* with probability one, and if . = .* then . = .* with probability one.

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A Model of a Continuing State with Scarce Capitalounted by a given annual discount factor ., either in a sufficiently distant future regardless of the initial capital stock, or at all times if the initial stock is just right. The dependence of the self-preserving capital stock on . is discussed.

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Von Neumann Model Solutions Are Generalized Eigensystems the Shapley-Snow-Kaplansky formulas for basic optimal solutions to the von Neumann model are derived. The results have mathematical and economic implications, but do not improve existing computational methods. The derived generalized eigensystem is related to a normal form in the literature of matrix algebra due to Gantmacher.

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