We show that the two-sector version of the AK model proposed by Rebelo (1991) can be read as an endogenous growth … the empirical facts of trending real investment rates and stationary output growth, this incompatibility vanishes in the …. Thus, AK-type endogenous growth models comply much better with empirical evidence, once they are augmented with a strictly …

We show that the two-sector version of the AK model proposed by Rebelo (1991) can be read as an endogenous growth … the empirical facts of trending real investment rates and stationary output growth, this incompatibility vanishes in the …. Thus, AK-type endogenous growth models comply much better with empirical evidence, once they are augmented with a strictly …

capital are confined to the investment goods sector. We show that this setup, an endogenous growth extension to the model of … decrease output growth if the elasticity of intertemporal substitution is larger than the saving rate. …

We show that the two-sector version of the AK model proposed by Rebelo (1991) can be read as an endogenous growth … the empirical facts of trending real investment rates and stationary output growth, this incompatibility vanishes in the …. Thus, AK-type endogenous growth models comply much better with empirical evidence, once they are augmented with a strictly …

We study how economic growth is affected by demographics in an overlapping generations model with a realistic survival …. Endogenous growth arises thanks to the accumulation of generation-specific human capital. Favorable shifts in the survival … probabilities always induce longer schooling and later retirement but have an ambiguous effect on growth. The relationship between …

behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand …

Growth and business cycles have a long tradition of being studied separately. However, events such as the Great … Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help … model of endogenous growth featuring heterogeneous firms, financial constraints and a range of innovation policies. A …

of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks …