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dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10011422187
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10010264503
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10003779148
Persistent link: https://www.econbiz.de/10013369341
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two …
Persistent link: https://www.econbiz.de/10011753212
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10003791799
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two …
Persistent link: https://www.econbiz.de/10009236276
. Notably, (v) the model may transition to either a neoclassical steady-state or long-run endogenous growth, so it has the … potential to account for a wide range of growth experiences …
Persistent link: https://www.econbiz.de/10013116469
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two …
Persistent link: https://www.econbiz.de/10013122153
We present a theoretical argument to identify the conditions under which a firm prefers to invest in factor saving innovations rather than neutral innovations. We prove that incentives to invest in factor saving innovations positively depend on i) total factor productivity and ii) the scarcity...
Persistent link: https://www.econbiz.de/10012892872