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ENDOGENOUS GROWTH AND ENDOGENOUS BUSINESS CYCLES [PDF]

open access: yesMacroeconomic Dynamics, 2004
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   +2 more sources

Unemployment and endogenous growth [PDF]

open access: yesLABOUR, 1998
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   +8 more sources

Effciency with Endogenous Population Growth [PDF]

open access: yesEconometrica, 2004
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

THE INDIAN GROWTH MIRACLE AND ENDOGENOUS GROWTH [PDF]

open access: yesJournal of Development Economics, 2010
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   +5 more sources

Endogenous business cycles and growth [PDF]

open access: yesSSRN Electronic Journal, 2003
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 ...
Klaus Walde
core   +9 more sources

On convergence in endogenous growth models [PDF]

open access: yes, 1994
In this paper we analyze the rate of convergence to a balanced path in a class of endogenous growth models with physical and human capital. We show that such rate depends locally on the technological parameters of the model.
Ortigueira, Salvador, Santos, Manuel S.
core   +7 more sources

Endogenous economic growth from the perspective of Islamic economic doctrine [PDF]

open access: yesKom: Časopis za Religijske Nauke, 2023
Many thinkers of human sciences acknowledge that the teachings of Islam pay attention to all aspects of the individual and social life of man and are able to answer his material and spiritual needs.
Qasemi Abdulkhaliq   +1 more
doaj   +1 more source

Model construction and application analysis under environment and resource constraints in China [PDF]

open access: yesE3S Web of Conferences, 2021
How to make sustainable development in the new era has been becoming the most important issue in China. This research explains why China could rapidly increase in the past, and how to fulfil a sustainable development under the resource and environmental ...
Niu Feiliang, Fu Yunzheng
doaj   +1 more source

Long Shadows of Financial Shocks: An Endogenous Growth Perspective

open access: yesGospodarka Narodowa. The Polish Journal of Economics, 2022
The Great Recession has resulted in a seemingly permanent level shift in many macroeconomic variables. This paper presents a microfounded general equilibrium model featuring frictional labour markets and financial frictions that is able to replicate the ...
Marcin Bielecki
doaj   +1 more source

Research Policy and Endogenous Growth [PDF]

open access: yes, 2001
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   +3 more sources

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