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Economic growth has traditionally been analyzed in the temporal domain, while the spatial dimension is captured by cross-country income differences. Data suggest great inequality in income per capita across countries, with a slight but noticeable increase over time (Acemoglu 2009). Seeking to...
Persistent link: https://www.econbiz.de/10010959935
guaranteed. Here, we introduce a mechanism under which stability of the diffusion process does not necessarily hold. When the …
Persistent link: https://www.econbiz.de/10008642499
A local stability condition for the standard neo-classical Ramsey growth model is derived. The proposed setting is …
Persistent link: https://www.econbiz.de/10010835371
The work studies the properties of a coordination game in which agents repeatedly compete to be in the population minority. The game reflects some essential features of those economic situations in which positive rewards are assigned to individuals who behave in opposition to the modal behavior...
Persistent link: https://www.econbiz.de/10005706745
long-term value. The main result is that a strong degree of information stickiness may imply a departure from stability (a …
Persistent link: https://www.econbiz.de/10008563082
In this study we use a long run macroeconomic model for Austria to simulate the effects of aging on employment, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and modelling sex specific participation rates for each cohort, we...
Persistent link: https://www.econbiz.de/10010293723
Основным мотивом для написания данных "Дискуссионных материалов" является ознакомление читателя с теоретическими основами анализа продуктивности и...
Persistent link: https://www.econbiz.de/10010299426
The increasing inconsistency in the Turkish economy gave rise to transformations necessitated by the manner of its growth and technological changes. Between 1923 and 1962, the Turkish economy was based on agricultural growth strategies, which spurred development in the manufacturing sector and...
Persistent link: https://www.econbiz.de/10011991437
In this paper we develop a long run macroeconomic model for Austria to simulate the effects of aging on employment, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and modelling sex specific participation rates for each cohort,...
Persistent link: https://www.econbiz.de/10011435145
Das Hauptziel des vorliegenden "Discussions Paper" ist es, den russischsprachigen Leser mit den theoretischen Grundlagen der Produktivitäts- und Effizienzanalyse der landwirtschaftlichen Unternehmen vertraut zu machen. In der russischsprachigen Literatur wurden und werden bis zu heutigem...
Persistent link: https://www.econbiz.de/10009754285