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This article analyzes the causes of economic growth. The authors revise social influences on the maintenance of economic expansion rates as a cause and effect together with maintaining the balance between aggregate demand and supply. They also give the main factors which give an impulse to a...
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investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … broadly, the transformation of savings into future capital input. We find that this shock is the most important driver of U …
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Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
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investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … broadly, the transformation of savings into future capital input. We find that this shock is the most important driver of U …
Persistent link: https://www.econbiz.de/10013153123
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