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
Bernardo Romero-Torres, Gerson Javier Pérez-Valbuena, Andrés Felipe García-Suaza, Jaime Alfredo Bonet-Moron
Olga Lucia Acosta Navarro, Andrés Felipe Chitán-Caes, Ana María Iregui-Bohórquez, Ligia Alba Melo-Becerra, María Teresa Ramírez-Giraldo, Jorge Leonardo Rodríguez Arenas
Alejandro Ome, Laura Giles Álvarez, Gerson Javier Pérez-Valbuena, Cristhian Larrahondo
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