On the Dynamics of Economic Growth /
This paper examines the dynamics of economic growth. First, it demonstrates that the standard neoclassical growth model with constant elasticity of intertemporal substitution is not consistent with the patterns of development we observe in the real world, once we consider the initial conditions. Sec...
| 1. Verfasser: | |
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| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1994/138 |
| Online Zugang: | Full text available on IMF |