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Sustained convergence induced changes in phoria and divergence dynamics

✍ Scribed by You Yun Lee; Bérangère Granger-Donetti; Chung Chang; Tara L. Alvarez

Book ID
113949618
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
956 KB
Volume
49
Category
Article
ISSN
0042-6989

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✍ Thorsten Pampel 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 232 KB

## Abstract We show for a class of basic growth models that convergence in ratios does not imply the pathwise convergence to the corresponding balanced growth path in the state space. We derive conditions on parameters and on the elasticity of the savings function for convergence or divergence and