Results 191 to 199 of about 369,845 (199)
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2001
The neoclassical growth models that we studied in Chapter 3 are models of a nonmonetary economy. In this chapter, we review monetary versions of neoclassical growth theory. This involves putting money in the models of neoclassical growth theory and studying the implications for monetary policy.
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The neoclassical growth models that we studied in Chapter 3 are models of a nonmonetary economy. In this chapter, we review monetary versions of neoclassical growth theory. This involves putting money in the models of neoclassical growth theory and studying the implications for monetary policy.
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1980
As a rule, economic growth is not measured against production capacity, which is very difficult to estimate, but against national production. In this chapter, we define economic growth as a sustained increase in the net real national product (or income) per inhabitant.
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As a rule, economic growth is not measured against production capacity, which is very difficult to estimate, but against national production. In this chapter, we define economic growth as a sustained increase in the net real national product (or income) per inhabitant.
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This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e.
Dosi, Giovanni, Roventini, Andrea
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Dosi, Giovanni, Roventini, Andrea
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Mutation Research/Fundamental and Molecular Mechanisms of Mutagenesis, 1998
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