Theoretical Choice in Economics: The Case of Solow, Romer and Ramsey鈥檚 Growth TheoriesTheoretical choice is not an easy task for economists, as there is always a dilemma between syntactic epistemic virtues (parsimony, generality, unifying power, etc.), and semantic epistemic virtues (relat...
National Bureau of Economic Research East Asia Seminar on Economics(共3册), 这套丛书还有 《The Economic Consequences of Demographic Change in East Asia》《Growth and Productivity in East Asia》 。 + 加入购书单 谁读这本书?··· 二手市场...
For that reason he believes there is something arbitrary introduced into all endogenous theories of the rate of growth. They claim to explain more than they can be expected to do. Rather than trying to pin down determinants of any "steady-state" growth rate, exogenous growth theory describes ...
Economic Growth, Theories of Economic Hardship Deferment Economic history Economic History Association Economic History of Southeast Asia E-Group Economic History Society Economic History Society of Australia and New Zealand Economic hit man Economic Human ...
Old and New Growth Theories: An Assessment 1. Summary Even in the hey day of Keynesianism, the principal macroeconomic role perceived for fiscal policy was stabilisation. With the demise of Keynesianism, even that limited role for fiscal policy has largely disappeared. A major en... N Salvador...
In section 3, we ask whether the puzzle (of no convergence) can be solved, while maintaining the aggregate production function, by theories that focus on reasons for technological backwardness in poor countries. We argue that this class of explanations is not consistent with the empirical evidence...
Jean〤laude Berthélemy,S Démurger - 《Review of Development Economics》 被引量: 489发表: 2000年 THE Role of Entrepreneurship on Economic Growth This article provides an overview of economic theories and empirical studies on the relationship between entrepreneurship and growth. In the traditional eco...
The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course of human history. Deciphering the underlying forces that triggered the transition from stagnation to growth and the associated phenomenon ...
Technical change, and in particular the implementation of "General Purpose Technologies," stands as a crucial factor in explaining the recent upsurge in wage inequality.Aghion, PhilippeCaroli, EveGarca-Pe±alosa, CeciliaHarvard University Department of EconomicsScholarly Articles...
Even Harrod himself did not believe that the economy will work in the way as the model implied. However, the model raises the research issue in growth theory. Indeed, the different solutions to the Harrod problems gives rise to the different theories in economic growth. The Solow Model Some ...