Does a heterogeneous agents version of a neoclassical model with labor}leisure choice replicate the distributions of consumption and working hours observed in the crosssectional data? Does incorporating heterogeneity enhance the aggregate performance of the representative agent model? We address the
International capital flows and convergence in the neoclassical growth model
β Scribed by Lorenzo Escot; Miguel-Angel Galindo
- Publisher
- Springer US
- Year
- 2000
- Tongue
- English
- Weight
- 688 KB
- Volume
- 6
- Category
- Article
- ISSN
- 1083-0898
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