The Neoclassical Growth Model and Twentieth-Century Economics

Muslim Intellectuals and the Perennial Philosophy in the Twentieth Century

This paper will examine how Muslim intellectuals, as a result of their attachment to the doctrine of Divine Unity (taw¤hīd), the Quran, Sunnah of the Prophet Muhammad, and the doctrines and methods of Sufism, were largely responsible for the restating of the perennial philosophy in the West in the twentieth century. The article consists of four sections: an introduction to the term 'philosophia...

Neoclassical Growth Model

4 Quantitative Analysis 7 4.1 Steady state . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 4.2 Optimal saving rate at steady state . . . . . . . . . . . . . . . . . . . . . . . . . . 8 4.3 Balanced growth path . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 4.4 Calibration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....

Twentieth Century Urbanization in Bangladesh and a Spell of High and Unsustainable Urban Growth

Bangladesh is still a low urbanized country although it experienced a rising trend in the level of urbanization throughout the twentieth century and had a remarkably high urban growth immediately after its independence in 1971. The country recorded the highest ever annual average growth rate (9.04) and percentage of interval variation (137.57%) in an urban population in 1974; thereafter, growth...

Stochastic Neoclassical Growth Model

The Contributions of the Economics of Information to Twentieth Century Economics

In the Želd of economics, perhaps the most important break with the past—one that leaves open huge areas for future work—lies in the economics of information. It is now recognized that information is imperfect, obtaining information can be costly, there are important asymmetries of information, and the extent of information asymmetries is affected by actions of Žrms and individuals. This recogn...