Search Results - subject:"\"unbalanced growth\""

Zur wirtschaftlichen Entwicklung Kroatiens : Tertiarisierung als "Grand Espoir"?

Benković, Andreja - 2015

Persistent link: https://www.econbiz.de/10010512149

A tractable framework for analyzing a class of nonstationary Markov models

Maliar, Lilia; Maliar, Serguei; Taylor, John B.; … - 2015

Persistent link: https://www.econbiz.de/10011281644

Solow's struggle with medium-run macroeconomics : 1956-95

Assous, Michaël - In: History of political economy 47 (2015) 3, pp. 395-417

Persistent link: https://www.econbiz.de/10011420045

Can Baumol's Model of Unbalanced Growth Contribute to Explaining the Secular Rise in Health Care Expenditure? An Alternative Test

Hartwig, Jochen - 2008

In a recent paper I argued that Baumol's (1967) model of 'unbalanced growth' offers a ready explanation for the …

Persistent link: https://www.econbiz.de/10012726143

Labor's Shares - Aggregate and Industry : Accounting for Both in a Model of Unbalanced Growth with Induced Innovation

Zuleta, Hernando - 2008

The relative stability of aggregate labor's share constitutes one of the great macroeconomic ratios. However, relative stability at the aggregate level masks the unbalanced nature of industry labor's shares - the Kuznets stylized facts underlie those of Kaldor. We present a two-sector - one...

Persistent link: https://www.econbiz.de/10012727239

Has health capital formation cured "Baumol's Disease"? : panel Granger causality evidence for OECD countries

Hartwig, Jochen (contributor) - 2008

growth in rich countries. They are more in line with the predictions of Baumol's model of unbalanced growth. -- Human capital … of Baumol’s model of unbalanced growth. 2 1. Introduction Ever since Solow’s (1957) growth model has been … process of economic development is offered by Baumol’s (1967) model of ‘unbalanced growth’. According to this model …

Persistent link: https://www.econbiz.de/10003768974

Productivity, preferences and UIP deviations in an open economy business cycle model

Bhattacharjee, Arnab (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003785283

Productivity, preferences and UIP deviations in an open economy business cycle model

Bhattacharjee, Arnab (contributor); … - 2008

We show that a flex-price two-sector open economy DSGE model can explain the poor degree of international risk sharing and exchange rate disconnect. We use a suite of model evaluation measures and examine the role of (i) traded and non-traded sectors; (ii) financial market incompleteness; (iii)...

Persistent link: https://www.econbiz.de/10003746682

Has Health Capital Formation Cured 'Baumol's Disease'? Panel Granger Causality Evidence for OECD Countries

Hartwig, Jochen - 2008

growth in rich countries. They are more in line with the predictions of Baumol's model of unbalanced growth …

Persistent link: https://www.econbiz.de/10014214476

Population aging, consumption budget allocation and sectoral growth

Mao, Rui; Xu, Jianwei - In: China Economic Review 30 (2014) C, pp. 44-65

This paper assesses the heterogeneous effects of population aging on personal budget allocation across sectors. Using China's household survey data, we break down each household expenditure component into its constituent members. We find consistent and robust age profiles of the composition of...

Persistent link: https://www.econbiz.de/10010931679