I derive an explicit solution for the saddle path in a Ramsey growth model. The existence of a closed form expression … greatly simpliÞes the analysis of how the parameters of the utility function affects investments and growth. …

open neoclassical growth model that is extended by a Pissarides-style labor market matching approach. In the general … equilibrium model, the labor market of the three factor growth model is characterized by immobile heterogeneous jobless workers … growth condition, an increase in technical progress implies a favorable capitalization effect respectively an unfavorable …

How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model …

of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers … characterized by high steady-state levels of capital intensities the model shows that, due to a capitalization effect and a … Innovationsländer, die durch hohe gleichgewichtige Kapitalintensitäten charakterisiert werden können, wird in dem Model gezeigt, dass …

We extend the standard quality-ladder model with heterogeneous workers by including efficiency wages and unions. We … find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …

by political authorities which forces the economy to make a transition to cleaner production processes. We model this … transition as a change in general purpose technology (GPT) and investigate how it interferes with economic growth driven by … qualityimprovements. The model gives an explanation for the inverted U-shaped relationship found in empirical research for many pollutants …

&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, and physical capital as inputs, the present paper … material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R … addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …

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 …

We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both … production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop … an evolutionary model with agentbased microfoundations. At the core of the model we take into account: (i) firmlevel …

regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth … model where technology accumulation in lagging regions depends on their own propensity to innovate and on technology …