Similar Search Results

Economic growth in the age of ubiquitous threats : how global risks are reshaping growth theory

Gomes, Orlando - In: Economics : the open-access, open-assessment journal 18 (2024) 1, pp. 1-15

many obstacles that the creation of wealth may encounter. The current essay surveys cutting-edge research on growth theory … and coherent theory of economic growth. Research in growth theory has demonstrated that significant and systematic …, in any case, they call for a reexamination of growth theory. …

Persistent link: https://www.econbiz.de/10014495894

Diversification of Risk and Growth

Wilson, Bonnie - 2004

This paper provides evidence that domestic opportunities to share risk have contributed to slower growth. We first provide a simple model economy that demonstrates how a country's ability to diversify risk is linked to its growth rate. In the context of the model economy, we then investigate...

Persistent link: https://www.econbiz.de/10014069642

Uncertainty in the Housing Market : A Learning Model and Evidence from Household Survey Data

Nguyen, Huong (Vina) - 2014

This paper argues that uncertainty can lead to higher price volatility and persistent estimation errors in the housing market. Empirically, I construct a Household Sentiment Index (HSI) by applying the Case-Shiller repeat-sales estimation method to the households' survey responses in the Panel...

Persistent link: https://www.econbiz.de/10013054907

Optimal Saving Under Poisson Uncertainty

Wälde, Klaus - 2005

This paper studies optimal saving and investment behaviour of a household that can either invest in a riskless or a …

Persistent link: https://www.econbiz.de/10014062648

Optimal Accumulation in a Small Open Economy with Technological Uncertainty

Datta, Manjira - 1998

differentiability. If "enough" uncertainty is allowed, the sequence of the distribution functions of investment expenditure converges …

Persistent link: https://www.econbiz.de/10014067921

Capital Income Taxes and Growth in a Stochastic Economy : A Numerical Analysis of the Role of Risk Aversion and Intertemporal Substitution

Chatterjee, Santanu; Giuliano, Paola; Turnovsky, Stephen J. - 2004

epsilon and R. Consequently, the errors committed by using the conventional constant elasticity utility function, even for …

Persistent link: https://www.econbiz.de/10014068127

Growth with Endogenous Risk of Biological Invasion

Barbier, Edward B.; Shogren, Jason F. - 2004

We model biological invasions as an unintended by-product of capital accumulation. We distinguish three spillover effects: (1) a negative production externality, (2) a negative or positive consumption externality and (3) an increase in the risk of future welfare loss. We also consider the...

Persistent link: https://www.econbiz.de/10014068627

Optimal Accumulation in a Small Open Economy with Technological Uncertainty

Datta, Manjira - 1999

differentiability. If "enough" uncertainty is allowed, the sequence of the distribution functions of investment expenditure converges … uniformly to a unique invariant measure. In addition to the weak convergence of the stochastic process of investment expenditure … we also have the sequences of the stochastic process of investment expenditure converging weakly …

Persistent link: https://www.econbiz.de/10014206913

Cross-country growth empirics and model uncertainty : an overview

Ulaşan, Bülent - 2012

The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with describing the basic framework used in recent empirical crosscountry growth research. Even though this literature was mainly inspired by endogenous growth theories, the...

Persistent link: https://www.econbiz.de/10009538015

Uncertainty, intangible capital, and productivity dynamics

Palombo, Edoardo - 2020

equilibrium endogenous growth model with heterogeneous firms that undertake intangible capital investment subject to non …

Persistent link: https://www.econbiz.de/10012243292

1
2
3
4
5
6
7
8
9
10
Next
Last