نتایج جستجو برای: lucas endogenous growth model

تعداد نتایج: 2886133  

Journal: :International Journal of Economic Theory 2015

Journal: :Journal of Optimization Theory and Applications 2009

Journal: :اقتصاد پولی مالی 0
کامبیز هژبر کیانی اشکان رحیم زاده

the theoretical base of this paper is the economic growth model that completed with capital stocks (private and public) and human capital. at the first, hypothesis test about constant returns to scale is studied, and then the related variables with macroeconomic policies are added to the model. the results show that 1) the aggregate production function exhibits increasing returns to scale, 2) p...

1998
Benjamin Bental Benjamin Eden Larry Christiano Marty Eichenbaum

We review arguments for and against reserve requirements and conclude that the main question is whether a distinction between money creation and intermediation can be made. We argue that such a distinction can be made in a money-in-advance economy and show that if the the money-inadvance constraint is universally binding then reserve requirements on checkable accounts have no effect on intermed...

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