ENDOGENOUS FLUCTUATIONS OF ACTUAL PRICES NEAR NATURAL ONES IN A CLASSICAL GROWTH MODEL

1991 ◽  
Vol 42 (2) ◽  
pp. 113-123
Author(s):  
Wei-Bin Zhang
2018 ◽  
Vol 2018 ◽  
pp. 1-9
Author(s):  
F. Grassetti ◽  
C. Mammana ◽  
E. Michetti

This paper introduces a sigmoidal production function that considers production possible even when the only input is labour. The long-run behaviour of an economy described by the neoclassical Solow-type growth model with differential savings is investigated considering the technology presented. It is found that labour productivity influences the existence of boom and bust periods as well as the level of capital per capita in equilibrium.


2016 ◽  
pp. 5-33 ◽  
Author(s):  
V. Mau

The paper deals with 2015 trends and challenges for social and economic policy in the nearest future. The analysis of global crisis includes: uneven developments in the leading advanced and emerging economies; new models of economic growth which look differently in different countries; prospects of globalization and challenges of ‘regional globalization’; currency configurations of the future; energy prices dynamics and its influence on political and economic prospects of particular states. Current challenges are discussed in the context of previous 30 years. Among the main topics on Russia, there are approaches to a new growth model, structural transformation (including import substitution issues), economic dynamics, budget and monetary outlines, social issues. The priorities of economic policy are also considered.


2014 ◽  
Vol 2014 (3) ◽  
pp. 1-15
Author(s):  
Morteza Khodabin ◽  
◽  
Neda Kiaee ◽  

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