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...

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书目详细资料
主要作者: Sarel, Michael
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1994.
丛编:IMF Working Papers; Working Paper ; No. 1994/138
在线阅读:Full text available on IMF