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and Public Debt in the World Economy -- “New“ Growth Theory and Knowledge Externalities in Capital Accumulation … starts from the “old” growth theory and bridges to the “new” growth theory (including R&D and human capital approaches). The … second part presents an intertemporal equilibrium theory of inter- and intra-sectoral trade, investigates innovation, growth …
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Staatsverschuldung und Außenhandel wirken über verschiedene Kanäle auf die Entwicklung von Volkswirtschaften. Um die Wirkungsmechanismen zu eruieren, werden mikroökonomisch fundierte dynamische makroökonomische Modelle diskutiert. Zur Anwendung kommen Modelle überlappender Generationen. In...
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This article gives exact general conditions for the existence of an interior optimum growth rate for population in the neoclassical two-generations-overlapping model. In an economy where high (low) growth rates of population lead to a growth path which is efficient (inefficient) there always...
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