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Persistent link: https://ebvufind01.dmz1.zbw.eu/10012095289
Resorting to an endogenous growth framework, the paper studies the implications of taking market clearing as a long-term possibility rather than an every period implicit assumption, as in conventional growth analysis. The underlying main assumption respects to an adjustment mechanism in which:...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10008489061