Showing 81 - 90 of 674,234
Persistent link: https://www.econbiz.de/10011619765
Persistent link: https://www.econbiz.de/10012426610
Persistent link: https://www.econbiz.de/10012505462
investment-specific technological change as a main driving force behind long-run growth and the business cycle. This paper shows … how the growth model with investment-specific technological change has a closed-form solution if capital fully depreciates …
Persistent link: https://www.econbiz.de/10014048564
This paper explores the stability of the stationary state for a dynamic growth model with wealth and human capital accumulation. Knowledge is created through research and learning-by-doing, while the time allocation between labor and leisure is endogenized. We analyze the model in both its...
Persistent link: https://www.econbiz.de/10014041760
induce a non-monotonic relationship between the rate of return to investment and the capital stock. This generates multiple …
Persistent link: https://www.econbiz.de/10014102346
Persistent link: https://www.econbiz.de/10013396240
Ghana’s economy was identical to South Korea’s economy in the 1960s. Since the 1970s, however, Ghana’s economy has substantially lagged. To explain Ghana’s poor long-run economic growth, we build a neoclassical growth model to primarily examine the role of Ghana’s barriers to physical...
Persistent link: https://www.econbiz.de/10014350336
demand, i.e. investment, consumption and net exports. Since increasing shareholder power and shareholder value orientation of … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An … important result is the emergence of 'profits without investment' demand and growth regimes, for which we point out the …
Persistent link: https://www.econbiz.de/10014490639
Persistent link: https://www.econbiz.de/10014478615