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Demographic change in models of endogenous economic growth. A survey

✍ Scribed by Klaus Prettner; Alexia Prskawetz

Publisher
Springer-Verlag
Year
2010
Tongue
English
Weight
216 KB
Volume
18
Category
Article
ISSN
1435-246X

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This paper presents an endogenous growth model comprising of financial, human and physical capital and incorporating major features of a general tax system. Technology and preference parameter values in the model are chosen to fit the actual growth experiences of the United States and a rapidly grow