𝔖 Bobbio Scriptorium
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A note on growth accounting with vintage capital

✍ Scribed by Robert Dekle


Book ID
117332022
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
38 KB
Volume
72
Category
Article
ISSN
0165-1765

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This paper presents a vintage capital model assuming putty-clay investment and perfect foresight. The model is written in discrete time and is simulated by using a second order relaxation algorithm. By computing the eigenvalues of the dynamic system, we have checked the conditions of existence and u