Zürich
Swiss Federal Institute of Technology Zurich
Unifying time-to-build theory
Mauro Bambi⁄
University of York and ETH … in growth theory, while a way to enhance
the persistence of the cycle (in a similar way as adjustment cost) in the … discount factor, while – 2 (0;1) the depreciation rate of capital. Moreover, PJj=1 bj = 1,
and the initial conditions are K0 …