Borradores de Economia
Number:
203
Published:
Classification JEL:
D58, H42
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Constanza Martínez-Ventura, Ligia Alba Melo-Becerra
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido
The following is proven here: let W : X × C −→ R, where X is convex, be a continuous and bounded function such that for each y ∈ C, the function W (·, y) : X −→ R is concave (resp. strongly concave; resp. Lipschitzian with constant M; resp. monotone; resp