The AK growth model is a standard endogenous model. This paper first solves the social planner's problem in this model and shows that the steady state is the only solution to this model. The paper then considers several generalizations of the AK model on the side of technology. Unlike the basic...

This paper examines the effects of a budget-neutral public spending allocation between public investment and private investment subsidy on inequality dynamics and intergenerational mobility in an environment with heterogeneous households and incomplete capital market.

L'idea di questo lavoro Š quella di tracciare un profilo del cosiddetto lavoratore povero, ovvero delle persone che pur essendo occupate, percepiscono un basso reddito, normalmente inadeguato rispetto ai bisogni di mantenimento di sŠ e dei familiari a carico. Si utilizza un semplice modello di...

Este artículo analiza la productividad, la eficiencia y sus factores determinantes en cuatro sectores de la construcción en Colombia: construcción de obras residenciales, construcción de obras civiles, actividades inmobiliarias y adecuación de obras de la construcción en el período...