Costly Financial Intermediation in Neoclassical Growth Theory [PDF]
SSRN Electronic Journal, 2011 The neoclassical growth model is extended to include costly intermediated borrowing and lending between households. This is an important extension as substantial resources are used in intermediating the large amount of borrowing and lending between households.
Rajnish Mehra +2 more
semanticscholar +9 more sources
ELEMENTS OF THE NEOCLASSICAL GROWTH THEORY
Studies and Scientific Researches: Economics Edition, 2014 One of the relevant components of the contemporary economic science is the economic growth theory, the economic background of the time leading to new guidelines of the research.
Florina Popa
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Uganda’s growth Determinants: A Test of the Relevance of the Neoclassical Growth Theory
Modern Economy, 2021 The purpose of this study is to investigate whether Uganda’s economic growth determinants can fully be analyzed within the framework of the neoclassical growth theory. The study uses quarterly data for the period 2007-2018. The underlying empirical models are estimated using IV-GMM in the specific-to-general modeling approach.
Peter Ivans Rumanzi +4 more
openaire +3 more sources
The neoclassical theory of growth and distribution
PSL Quarterly Review, 2012 The paper surveys the neoclassical theory of growth. As a preliminary, the meaning of the adjective "neoclassical" is discussed. The basic model is then sketched, and the conditions ensuring a stationary state are illustrated.
Robert M. Solow
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Critique of the neoclassical theory of growth and distribution
PSL Quarterly Review, 2012 The paper surveys the main theories of income distribution in their relationship with the theories of economic growth. First, the Classical approach is considered, focusing on the Ricardian theory. Then the neoclassical theory is discussed, highlighting
Luigi L. Pasinetti
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ENVIRONMENTAL DYNAMICS IN AN INTEGRATED WALRASIAN-GENERAL EQUILIBRIUM AND NEOCLASSICAL-GROWTH THEORY [PDF]
Journal of Economic Development, 2014 This study deals with interactions of economic growth and environmental change with heterogeneous households. The analytical framework is built by integrating the three important theories in economics - the Walrasian general equilibrium theory, the neoclassical growth theory, and the neoclassical growth model with endogenous environment.
Wei-bin Zhang
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A Study of the Role of Government in Income and Wealth Distribution by Integrating the Walrasian General Equilibrium and Neoclassical Growth Theories [PDF]
Interdisciplinary Description of Complex Systems, 2014 This paper proposes a growth model of heterogeneous households with economic structure, wealth accumulation, endogenous labour supply, and tax rates. The paper is focused on effects of redistribution policies on income and wealth distribution, economic ...
Wei-Bin Zhang
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HARROD – DOMAR ECONOMIC GROWTH MODEL IN CLASSICAL AND NEOCLASSICAL THEORY [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2019 ntroduction: The goals of this article is to present some theoretical aspects of the Harrod-Domar economic growth model in classical and neoclassical theory, highlighting its importance on the economy of nations.
DOINA DRĂGOI
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Natural Resources in Economic Development: Evolution of Theoretical Approaches
Prostranstvennaâ Èkonomika, 2023 This paper considers the evolution of the main theoretical approaches considering the role of natural resources in economic development in the XVIII-XXI centuries.
Olga Valeryevna Dyomina
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A Growth Theory Based on Walrasian General Equilibrium, Solow-Uzawa Growth, and Heckscher-Ohlin Trade Theories [PDF]
Interdisciplinary Description of Complex Systems, 2018 The purpose of this study is to analyse the role of preferences and technological differences between countries in determining dynamics of capital accumulation, wealth and income distribution within countries and between countries, and patterns of trade ...
Wei-Bin Zhang
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