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    Comparison of neoclassical and neo-Austrian growth models (1996)
    Wuppertal : Wuppertal Institut für Klima, Umwelt, Energie
    Details
    Publication Date: 2018-11-21
    Description: This paper compares the one-sector neoclassical (Solow) growth model with a neo-Austrian growth model. The solutions of the neoclassical growth model in terms of the golden rule of accumulation and the Ramsey rule are well known, and these conditions are compared with the outcomes of the neo-Austrian growth model, which we derive using a basic three-process model.
    Keywords: ddc:330
    Repository Name: Wuppertal Institut für Klima, Umwelt, Energie
    Language: English
    Type: article , doc-type:article
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