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The paper analyses the idea of “secular stagnation” actively discussed in the recent economic literature. It examines the most popular versions of this idea offered by T. Kowen, R. Gordon and L. Summers. Author concludes that in the next decades a slowdown of economic growth in the U.S. is...
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world and PPP GDP per capita by 1950 in the US, the richest Western nation, was nearly 5 times higher than the world average … the West. After nearly half of millennium of growing economic divergence, the world seems to have entered the era of …
Persistent link: https://www.econbiz.de/10013018381
Russian Abstract:Человеческий капитал изучается экономической наукой как фундаментальный фактор, стимулирующий накопление производственного капитала и,...
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Russian Abstract: Система прогрессивных налогов представляет собой налоговую структуру, при которой налоговая ставка растет по мере увеличения уровня дохода...
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Aim of the study is to estimate contribution of infrastructure capital in labor productivity in Russia. We measure stock of the traditional infrastructure sectors: communication, railways and paved roads. The idea of the econometric estimates is to expand a production function including...
Persistent link: https://www.econbiz.de/10009195619
An AK-model of economic growth is considered based upon a supposition that there are several agents in an economy, which have initially different wealth. Saving rate of each agent depends on her wealth. Main attention is given to asymptotic behavior of equilibrium paths. (in Russian)
Persistent link: https://www.econbiz.de/10008794570