This seminar will be Akshay’s first thesis presentation. Its aim is to state the thesis question, provide an overview of the structure and present results from a `core’ theoretical paper. His thesis looks at the issue of economic growth on a finite planet. He is interested in finding out how the heterogeneity of technical change relates to the possibility of sustainable growth. With heterogeneity, the state of the economy can be described by a vector in an infinite dimensional space. This paper is about techniques to incorporate heterogeneity within a neoclassical endogenous growth framework and it presents basic results that characterise solutions to dynamic optimisation problems on general (perhaps infinite dimensional) vector spaces.

Akshay is a third year PhD student in economics at the Centre for Applied Macroeconomic Analysis(CAMA), Crawford School .

The CAMA Macroeconomics Brown Bag Seminars offer CAMA speakers, in particular PhD students, an opportunity to present their work in progress in front of their peers, and reputable visitors to showcase their work.