Article Commentary: Slovakia: From Stagnation to Prosperity
نویسندگان
چکیده
منابع مشابه
Prosperity and Stagnation in Capitalist Economics
The KMG growth dynamics in Chiarella and Flaschel (2000) assume that wages, prices and quantities adjust sluggishly to disequilibria in labor and goods markets. This paper modifies the KMG model by introducing Steindlian features of capital accumulation and income distribution. The resulting KMGS(teindl) model replaces the neoclassical mediumand long-run features of the original KMG model by a ...
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ژورنال
عنوان ژورنال: European View
سال: 2008
ISSN: 1781-6858,1865-5831
DOI: 10.1007/s12290-008-0036-8