Showing 1 - 10 of 49,552
processes. Revisiting the models that constitute the core of growth theory, we expose analytically the main mechanisms through …
Persistent link: https://www.econbiz.de/10009540712
Persistent link: https://www.econbiz.de/10003384686
Persistent link: https://www.econbiz.de/10009240358
Persistent link: https://www.econbiz.de/10000082473
Can a large-scale defcit spending program speed up recovery after recession? To answer that question we calibrate a standard neoclassical growth model with US data and assume that an exogenous shock has driven aggregate output far below steady-state level. We calibrate the model such that a...
Persistent link: https://www.econbiz.de/10003857658
Persistent link: https://www.econbiz.de/10001578344
Persistent link: https://www.econbiz.de/10001167977
consistent with any theory of the determination of utilization. Third, based on data on the lifetime of fixed assets it shows …
Persistent link: https://www.econbiz.de/10012208160
Persistent link: https://www.econbiz.de/10003972111
Persistent link: https://www.econbiz.de/10009407591