Results 1 to 10 of about 684,397 (173)
Endogenous mediators of growth [PDF]
In the present review it is not possible to discuss the effects of the numerous endogenous mediators of growth. What we have attempted to do is to indicate the areas of controversy and the need for further research. In our view, four main questions arise. First, what are the relative contributions of the direct and indirect effects of GH? Indeed, if GH
Farquharson, C+2 more
core +5 more sources
Unemployment and endogenous growth [PDF]
In this paper we develop a two-sector endogenous growth model with a dual labour market, based on efficiency wages. Growth is driven by intentional R&D performed in the high-tech and high-wage sector.
Groot, H.L.F. de, Schaik, A.B.T.M. van
core +9 more sources
ENDOGENOUS TIME PREFERENCE AND ENDOGENOUS GROWTH [PDF]
This paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government policy will converge to a steady state with the same (positive ...
Howell H. Zee
openalex +6 more sources
ENDOGENOUS GROWTH AND ENDOGENOUS BUSINESS CYCLES [PDF]
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cycles that can account for two key features of the aggregate data: balanced growth in the long-run and business cycles in the short-run.
Lilia Maliar, Serguei Maliar
core +3 more sources
THE INDIAN GROWTH MIRACLE AND ENDOGENOUS GROWTH [PDF]
Using over half a century of R&D data for India, this paper tests whether the second-generation endogenous growth theories are consistent with India’s growth experience.
Jakob B. Madsen+2 more
core +6 more sources
Effciency with Endogenous Population Growth [PDF]
In this paper, we generalize the notion of Pareto-e±ciency to make it applicable to environments with endogenous populations. Two di®erent e±ciency concepts are proposed, P -e±ciency and A-e±ciency. The two concepts di®er in how they treat people that are not born.
Larry E Jones+2 more
core +11 more sources
Endogenous business cycles and growth [PDF]
Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poissonmodel of endogenous business cycles and ...
Wälde, Klaus
core +9 more sources
Financial Innovation and Endogenous Growth [PDF]
We model technological and ?nancial innovation as re?ecting the decisions of pro?t maximizing agents and explore the implications for economic growth. We start with a Schumpeterian growth model where entrepreneurs earn pro?ts by inventing better goods ...
Luc Laeven+2 more
core +9 more sources
Debt limits and endogenous growth [PDF]
This paper studies the consequences on growth and welfare of imposing limits to public borrowing. In the model economy, government spending may play two different roles, either as input in the production function, or providing services directly in the ...
Blas Pérez, Beatriz de
core +7 more sources
Research Policy and Endogenous Growth [PDF]
This paper studies the effects of different types of research policy on economic growth. We find that while tax incentives to private research, public funding of private projects, and basic research performed at public institutions have unambiguously ...
Maria Fuensanta Morales
core +5 more sources