The empirical foundation of the golden rule

This paper analizes with cross-sectional data if the Golden Rule condition satisfies: where the saving index is equal to capital (beta) or to the real interest rate, equal to the gross output growth of households.

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Authors:	Elías, Víctor J.
Published in:	Estudios de Economia. - Departamento de Economía. - Vol. 28, 1 Year 2001, p. 79-88
Publisher:	Departamento de Economía
Subject:	Development \| efficiency \| welfare

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Extent:	application/pdf
Type of publication:	Article
Classification:	E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General ; E10 - General Aggregative Models. General ; O11 - Macroeconomic Analyses of Economic Development ; O20 - Development Planning and Policy. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005812527