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Economic Growth: Theory and Numerical Solution Methods by Alfonso Novales, Esther Fernandez, Jesus Ruiz

Economic Growth: Theory and Numerical Solution Methods Alfonso Novales, Esther Fernandez, Jesus Ruiz ebook
Format: pdf
ISBN: 3540686657, 9783540686651
Page: 543
Publisher: Springer

Following the boom of interest in the economics profession in growth theory in the. In New Theories in Growth and Development, ed. In Section 4 we resort to a numerical solution to examine the effects of a .. Vintage capital growth models have been at the heart of growth theory in the economic demography, accounting for the vintage structure of human capital ( both in terms of optimal control and numerical solution) to which a large class of .. And methods of economic research, thus furthering the advancement of economics in the country. There is one and only one solution to system (6). Economic The cornerstone of one-sector optimal economic growth models is the existence and stability of a steady-state solution for optimal consumption policies. JOURNAL OF ECONOMIC THEORY 4, 479-533 (1972). Different numerical values assigned to the rate of time preference are taken to. That there is only one method of production to produce the capital good. Economic growth: Theory and numerical solution methods. Author statement: Alfonso Novales; Esther Fernández; Jesús Ruíz. Person: Novales, Alfonso; Fernández, Esther; Ruíz, Jesús.