Showing 1 - 10 of 53
pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical …
Persistent link: https://www.econbiz.de/10011985379
We study a parametric politico-economic model of economic growth with productive public goods and public consumption …
Persistent link: https://www.econbiz.de/10010858822
We consider a model of economic growth with altruistic consumers who care both about their consumption relative to …
Persistent link: https://www.econbiz.de/10010687427
pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical …
Persistent link: https://www.econbiz.de/10011920831
, inequality always promotes growth. …
Persistent link: https://www.econbiz.de/10015260068
balanced-growth equilibrium paths, on which the population splits into two groups ? the rich and the poor. Then we study …
Persistent link: https://www.econbiz.de/10011123939
We investigate the convergence property of the capital stock sequence in Ramsey equilibria with limited borrowing by the households. In our model, at the beginning of each period, households are allowed to borrow against their end of the period wage income. Under this assumption the capital...
Persistent link: https://www.econbiz.de/10010858823
An AK-model with borrowing constraints and endogenous time preferences is considered. It is assumed that the discount factor of a household is a continuous function of its relative income. We propose a definition of an equilibrium path and prove its existence.
Persistent link: https://www.econbiz.de/10010858824
We analyze the impact of carbon prices on human capital accumulation, sectoral change, and economic growth. In our … sufficient for a transition to a clean economy and that such a policy also stimulates economic growth. Moreover, in the presence … of inter-country knowledge spillovers, a carbon policy in the North helps human capital formation in the South and …
Persistent link: https://www.econbiz.de/10011853964
show that the set of equilibrium steady-state growth rates is an interval. Then we note that when they exist, unegalitarian … equilibria are characterized by higher rates of growth than egalitarian ones and, moreover, higher equilibrium growth rates …
Persistent link: https://www.econbiz.de/10005132789