Search
Now showing items 1-10 of 21
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 ...
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 ...
The welfare cost of external habits: a quantitat ive assessment
(Universidad de Chile, 2010)
[Abstract]: This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current
consumption and a reference consumption level ...
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 ...
Utility and Production Externalities, Equilibrium Efficiency and Leisure Specification
(Elservier, 2008)
[Abstract] This paper analyzes the implications that the specification of the leisure activity has on the equilibrium efficiency in a two-sector endogenous growth model with human capital accumulation. We
consider external ...
Equilibrium Efficiency in the Ramsey Model with Habit Formation
(De Gruyter, 2007)
[Abstract]: This paper analyzes the equilibrium efficiency in a Ramsey model with habit formation.
Uniqueness and saddle-path stability of the steady state is proved analytically. The competitive
equilibrium is efficient ...
Fiscal policy, congestion, and endogenous growth
(Willey, 2008)
[Abstract]: We devise an endogenous growth model with private and public physical capital, and human capital, which allows for relative and absolute congestion. According to empirical evidence, long-run growth is invariant ...
Stages of Economic Development in an Innovation-Education Growth Model
(De Gruyter, 2011)
[Abstract]: Physical capital accumulation, knowledge formation and R&D-based technological progress
are considered the three main sources of growth. The common view is that they characterize, in
a temporal order, the ...
Transitional Dynamics in an Endogenous Growth Model with Physical Capital, Human Capital and R&D
(De Gruyter, 2005-03)
[Abstract]: We analyze the transitional dynamics of an endogenous growth model with
physical capital, human capital, and R&D. We provide conditions for the existence of a feasible steady state equilibrium with positive ...
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 ...
