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, this model belongs to economic growth theory, particularly on the Solow-Swan model. The OLG model is a dynamics model in …
Persistent link: https://www.econbiz.de/10012868926
Economic growth of a country is depended on implementation of fiscal and monetary policies. Proportion of effectiveness of the fiscal and monetary policies to economy is still debatable among Keynesian and Monetary specialist. This research is proofing empirical effectiveness of fiscal and...
Persistent link: https://www.econbiz.de/10009464777
develop general asymptotic theory for both approaches and compare their performance numerically through simulation studies and …
Persistent link: https://www.econbiz.de/10009464603