BUSINESS CYCLES WITH ENDOGENOUS GROWTH - A PARAMETRIC EXAMPLE

被引：2

作者：

BASU, P

机构：

[1] Fordham University Bronx, NY

来源：

JOURNAL OF MACROECONOMICS | 1990年 / 12卷 / 03期

关键词：

D O I：

10.1016/0164-0704(90)90010-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Analysis of long historical data for most of the developed countries suggests that the growth rate of real GNP is not stationary. A parametric example is developed for an endogenous growth economy which generates an equilibrium process for GNP displaying nonstationary growth rate of output. © 1990.

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页码：475 / 481

页数：7

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