Showing 1 - 10 of 297,178
Persistent link: https://www.econbiz.de/10001702975
price rises characterises inflation; and this cumulation implies a very high long run probability of price rises. Modelling … a Markov chain to the fluctuations of the price levels facilitates estimation of such long run probability. In this … paper, we advance a Markov chain model for price movements in India, based on the general as well as a selected set of …
Persistent link: https://www.econbiz.de/10014113492
Persistent link: https://www.econbiz.de/10013431639
Persistent link: https://www.econbiz.de/10013399759
Persistent link: https://www.econbiz.de/10003904350
Persistent link: https://www.econbiz.de/10009230330
In the extended Solow growth model of Mankiw et al. (1992), human capital has only permanent level and no growth effects. In the endogenous growth models human capital is a growth-improving variable. Human capital may have both a permanent level and a permanent growth effect, we show how both...
Persistent link: https://www.econbiz.de/10012966632
Persistent link: https://www.econbiz.de/10008737969
Persistent link: https://www.econbiz.de/10011430595