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Status, Risk-Taking and Intertemporal Substitution in an Endogenous Growth Model

โœ Scribed by Christiane Clemens


Book ID
106217557
Publisher
Springer Vienna
Year
2004
Tongue
English
Weight
346 KB
Volume
83
Category
Article
ISSN
1617-7134

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โœ Stephen J. Turnovsky ๐Ÿ“‚ Article ๐Ÿ“… 2002 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 565 KB

This paper re-examines the speed of convergence in a one-sector growth model under fairly general conditions with respect to both production and preferences. We investigate the response of the rate of convergence to the intratemporal elasticity of substitution in production, and to the intertemporal