21 Harrod–Domar model with memory and distributed lag

2021 ◽  
pp. 408-418
Keyword(s):  
Axioms ◽  
2019 ◽  
Vol 8 (1) ◽  
pp. 9 ◽  
Author(s):  
Vasily E. Tarasov ◽  
Valentina V. Tarasova

In this paper, we propose a macroeconomic growth model, in which we take into account memory with power-law fading and gamma distributed lag. This model is a generalization of the standard Harrod–Domar growth model. Fractional differential equations of this generalized model with memory and lag are suggested. For these equations, we obtain solutions, which describe the macroeconomic growth of national income with fading memory and distributed time-delay. The asymptotic behavior of these solutions is described.


2015 ◽  
Vol 04 (S 01) ◽  
Author(s):  
M. Solomons
Keyword(s):  

2019 ◽  
Vol 10 (08) ◽  
pp. 20592-21600
Author(s):  
Gbadebo Salako ◽  
Adejumo Musibau Ojo ◽  
Jaji Ayobami Francis

This study empirically investigates the effects of macroeconomic disequilibrium on educational development in Nigeria. The study employed time series data between 1980 and 2017. Autoregressive Distributed Lag method of estimation was employed. The result revealed that the variables stationarity test were mixed between the first difference I(I) and level I(0). The cointegration result shows that there exist long run relationship between the variables. The result revealed that Balance of payment, Poverty, Debt rate inflation and unemployment exhibited negative relationship with educational development. The estimation result showed that all explanatory variables account for 88% variation of educational development in Nigeria. It is therefore recommended that government should fast track policies that can stabilize inflation and exchange rate in the country. Also, Policies must be formulated to reduce poverty and unemployment.


2012 ◽  
Vol E95-C (3) ◽  
pp. 382-394
Author(s):  
Yasuyuki OISHI ◽  
Shigekazu KIMURA ◽  
Eisuke FUKUDA ◽  
Takeshi TAKANO ◽  
Daisuke TAKAGO ◽  
...  

2020 ◽  
Vol 16 (5) ◽  
pp. 728
Author(s):  
Cui Yong ◽  
Chen Haoran ◽  
Zhu Liang
Keyword(s):  

Author(s):  
Galen Strawson

This chapter examines John Locke's theory of personal identity, which he has defined in terms of the reach of consciousness in beings who qualify as persons (being in particular fully self-conscious, able to think of past and future, and “capable of a law”). It starts with the notion that a person is an object of a certain sort, and must exemplify a certain sort of temporal continuity, if it is to continue to exist. Locke assumes that any candidate person has such continuity. The chapter also considers which parts of a subject of experience's continuous past are features or aspects or parts of the person that it now is before concluding with an analysis of Joseph Butler's incorrect identification of consciousness with memory in his objection to Locke's argument that a person can survive a change in its thinking substance even if its thinking substance is immaterial.


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