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Endogenous Growth Theory and Radical Economics : New Perspective, Old Ideas?

Neto, António - 2016

This paper aims to understand the relationship between Radical Economics (RE) and Endogenous growth theory (EGT) based …

Persistent link: https://www.econbiz.de/10012976868

From Smith to Schumpeter : A Theory of Take-Off and Convergence to Sustained Growth

Peretto, Pietro F. - 2013

This paper develops a theory of the emergence of modern innovation-driven Schumpeterian growth. It uses a tractable …

Persistent link: https://www.econbiz.de/10013080980

Solow's Lifeless Growth Theory : How Solow Destroys His Own Growth Theory

Choi, Hak - 2016

Growth theory is supposed to enhance welfare of the population by raising their per capita output, income and … consumption. But, if for that purpose population is reduced, such theory is anti-growth. This paper proves that Solow's growth … theory is anti-growth, and that his use of population growth rate destroys his own theory …

Persistent link: https://www.econbiz.de/10012997766

Neoclassical convergence versus technological catch-up : a contribution for reaching a consensus

Desdoigts, Alain - 2002

Persistent link: https://www.econbiz.de/10001659231

Poverty traps and growth in a model of endogenous time preference

Chakrabarty, Debajyoti - 2002

Persistent link: https://www.econbiz.de/10001750408

Multi-dimensional transitional dynamics : a simple numerical procedure

Trimborn, Timo; Koch, Karl-Josef; Steger, Thomas M. - 2004 - This version: March 2005

We propose the relaxation algorithm as a simple and powerful method for simulating the transition process in growth models. This method has a number of important advantages: (1) It can easily deal with a wide range of dynamic systems including multi-dimensional systems with stable eigenvalues...

Persistent link: https://www.econbiz.de/10002521532

Fiscal stimulus : a neoclassical perspective

Strulik, Holger; Trimborn, Timo - 2009

Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a standard neoclassical growth model with US data and assume that an exogenous shock has driven aggregate output far below steady-state level. We calibrate the model such that a...

Persistent link: https://www.econbiz.de/10003857658

What do exogenous shocks tell us about growth theories?

Noy, Ilan; Nualsri, Aekkanush - 2007

do not examine the determinants of the level of per capita income as an indication that a certain theory has better … of developing countries. -- Growth theory ; long run growth ; Solow ; disasters ; exogenous shocks …

Persistent link: https://www.econbiz.de/10003855329

Inequality and aggregate savings in the neoclassical growth model

Foellmi, Reto - 2010

Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality when the rich have a higher marginal savings rate than the poor. More unequal societies grow faster in the transition process, and therefore exhibit a higher speed of convergence....

Persistent link: https://www.econbiz.de/10008760471

Human capital formation, life expectancy and the process of economic development

Cervellati, Matteo; Sunde, Uwe - 2003 - (Updated May 2003)

This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of …

Persistent link: https://www.econbiz.de/10011413569