In this paper we test the AK model of growth with laboratory experiments. In each period, agents produce and trade output in a market, and allocate it to consumption and investment. The economy should experience a constant and positive rate of growth. We analyze two treatments differing from ...
内生增长模型AK模型endogrowth 系统标签: 模型utilityperiodhouseholdconsumereconomy LectureNotesonEndogenousGrowthEcon5140MacroeconomicAnalysisFall2014JennyXuHKUSTInattemptingtobuildamodelwhichcanaccountfortheprincipalfactsconcern-inggrowthexperienceacrosscountries,itwouldseemnecessarytoincorporateanendogenousmechanism,topermitec...
So what we need is a mechanism to generalize and unify the knowledge we have acquired so far and make it more usable for future research. We need a core model of growth, division & differentiation of cells, from the conception to the death of an organism. All the Physics and Chemistry ...
2006 Abstract: In this paper an AK growth model is fully analyzed under the time to build assumption. The existence and uniqueness of the (real) balanced growth path and the oscillatory convergence of detrended capital while detrended consumption is constant over time is proved. Moreover the ...
We consider a spatial growth model for capital, with production generatingendogenous growth and technology of the form AK. We show that for certaininitial data, even in the case of heterogeneous spatial distribution of technologyand population, the solution to an auxiliary control problem that is ...
Learning for freedom Sergio, Rebelo. Long-Run Policy Analysis and Long-Run Growth[J]. Journal of Political Economy, 1991. 社会最优 最大化效用max∫0∞exp(−ρt)u(Ct)dt 面临约束 Ct=A(ϕtKt)α(一部分资本用于生产消费品) Qt=BKt(1−ϕt)(一部分资本用于生产投资品) ...
Equilibrium Determinacy of a Two-Sector AK Model 来自 ideas.repec.org 喜欢 0 阅读量: 19 作者: K Mino 摘要: This paper explores a two-sector model of endogenous growth with AK technologies and production externalities. Unlike the standard one-sector AK model, the two-sector model may ...
The resulting model happens to have an unbounded positive solution and all bounded solutions that are oscillatory.L Guerriniapplied mathematical sciencesL. Guerrini, Delay differential AK model with non-positive population growth rate, Applied Mathematical Sciences, vol. 6, (2012), 3575-3577....
3) AK-style model AK-style模型 1. We conclude that AK-style model can not explain the power of economic evolution. 结果表明AK-style模型对于东亚快速发展地区背后长期经济成长的力量来源无法提供良好的预测。4) AK Model AK模型5) growth model 增长模型 1. New software reliability growth model ...
an AK growth model Escape from a poverty trap in an AK growth modelEscape from a poverty trap in an AK growth modelPeter H. ChangGeoffrey Bertram