This paper presents a simple Neoclassical Growth Model in which technological change is endogenous and saving behaviour affects long-term equilibrium growth, despite its simple structure and reliance on all standard Neoclassical assumptions. The only relevant difference between this model and...

This paper presents a growth model that incorporates the social capital as a growth determinant. Social capital enters the model through its potential reduction in the risk perceived by agents, when making investments decisions. The key feature of the model is that firms pursue an inter-temporal...

This paper presents a simple Neoclassical Growth Model in which technological change is endogenous, despite its simple structure and reliance on all standard Neoclassical assumptions. The only relevant difference between this model and the most popular original models is that firms pursue an...