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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Sarel, Michael
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1994.
Sarja:IMF Working Papers; Working Paper ; No. 1994/138
Linkit:Full text available on IMF