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Convergence Analysis of the Structure of Social Protection Financing

✍ Scribed by Tiia Püss; Mare Viies; Kaie Kerem


Book ID
106569169
Publisher
Springer US
Year
2005
Tongue
English
Weight
214 KB
Volume
11
Category
Article
ISSN
1083-0898

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The speed of convergence and alternative
✍ Yoichi Gokan 📂 Article 📅 2003 🏛 Elsevier Science 🌐 English ⚖ 146 KB

In this paper we are concerned with the speed of convergence in the Sidrauski monetary optimizing model (Sidrauski, Am. Econ. Rev. 57 (1967) 534), in which the steady-state capital stock is not in uenced by a change in public spending. The paper studies how di erent the speed of convergence to the s