Buscar
Mostrando ítems 1-5 de 5
Equilibrium dynamics in the neoclassical growth model with habit formation and elastic labor supply
(Scientific Research Publishing, 2012)
This note analyzes the equilibrium dynamics in the neoclassical growth model with habit-forming preferences and elastic labor supply. Habits enter into utility in a multiplicative way. The specification of the habit ...
The transitional dynamics of an endogenous growth model: Generalizing production functions
(De Gruyter, 2012)
This paper devises a class of endogenous growth models with physical capital, human capital and product varieties. Unlike previous literature, we introduce a general specification of production that allows for disentangling ...
Phases of Economic Development: Do Initial Endowments Matter?
(De Gruyter, 2012)
[Abstract] Different industrializing experiences beginning on innovation or education could be explained not only by different structural parameters or policies but also by differences in factor endowments. In this paper, ...
What’s Happening to the European Electricity Market?
(International Strategic Management Association, 2012)
[Abstract] This paper deals with market power and information issues in the ongoing process of the European Electricity Market. We present a regulatory game played among the key group of utilities, the customers and the ...
Importaciones, ciclo económico y competitividad: una aproximación no lineal
(Ministerio de Industria, Energía y Turismo, 2012)