Endogenous Time Preference and Endogenous Growth

Endogenous Time Preference and Endogenous Growth
The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government policy will converge to a steady state with the... READ MORE...

Publication date: January 1994
ISBN 9781451843194
$15.00

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