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Variable elasticity of substitution and economic growth in the neoclassical model
(De Gruyter, 2021)
[Abstract]: We study the effect of factor substitutability in the neoclassical growth model with variable elasticity
of substitution. We consider two otherwise identical economies differing uniquely in their initial factor ...
Optimal Fiscal Policy in the Uzawa-Lucas Model with CES Production
(2004)
[Abstract]: This paper devises an endogenous growth model with human capital in the UzawaLucas framework in which the average human capital has a positive external effect on
the goods sector. Unlike previous works, this ...
Should the US increase subsidies to R&D? Lessons from an endogenous growth theory
(Oxford University Press, 2014)
[Abstract]: In this article we devise an endogenous growth model with R&D, physical capital, and
human capital with several externalities. The model is calibrated to the US economy
and used to quantitatively evaluate the ...
Subsidy Policies in a Fertility Choice Model
(Springer, 2001)
[Abstract]: This paper compares the effects that a subsidy to health expenditure or a subsidy to childrearing costs has in a fertility choice model in which mortality is also endogenously determined.
Whichever subsidy is ...
The Transitional Dynamics of an Endogenous Growth Model: Generalizing Production Functions
(De Gruyter, 2012)
[Abstract]: 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 ...
La dependencia lineal del conjunto de trabajo en el método de conjunto activo que controla la inercia
(1998)
[Resumen]: Una hipótesis básica de los métodos de conjunto activo es la independencia lineal del conjunto de trabajo. Sin embargo, si el conjunto de trabajo contiene restricciones insatisfechas introduce el riesgo de que ...
Public Spending in a Model of Endogenous Growth with Habit Formation
(2010)
[Abstract]: This paper introduces habit-forming preferences in a Barro-type endogenous growth model with productive public services. Government expenditure, which may be subject to congestion, is financed by distortionary ...
Equilibrium efficiency in the Uzawa−Lucas model with sector−specific externalities
(2006)
[Abstract]: This note shows that the competitive equilibrium is efficient in the Uzawa−Lucas
endogenous growth model with sector−specific externalities associated to human capital in
the goods sector for a large class ...
The effect of the government temporal horizon on the optimal tax structure
(2004)
[Abstract]: The government temporal horizon is shown to be a key determinant of the optimal tax
structure in an endogenous growth model of the US economy. As the temporal horizon
lengthens, wage taxation is gradually ...
Reforma fiscal y bienestar: el caso de Chile
(Pontificia Universidad Católica de Chile, 2000)
[Abstract]: Welfare-maximizing fiscal structures are determined in a two-sector model of endogenous growth calibrated for the Chilean economy. Under the baseline, the current tax structure is found to be close to the optimal ...