The one-sector Solow-Ramsey model is the most popular model of long-run economic growth. This paper argues that a two-sector approach, which distinguishes the durable goods sector from the rest of the economy, provides a ...
Whelan, Karl(2004 Copyright Central Bank of Ireland, 2004-10)
The one-sector Solow-Ramsey growth model informs how most modern researchers characterize macroeconomic trends and cycles, and evidence supporting the model's
balanced growth predictions is often cited. This paper shows, ...
Walsh, Brendan M.(University College Dublin. School of Economics, 1996-03)
This paper examines the Irish macroeconomic adjustment over the period since 1979
with particular reference to the interaction of the real exchange rate with the balance between national saving and investment. The transition ...
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
We analyze a two-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
This report is about balanced economic development in the Northeast of Thailand. It is about growth and poverty reduction, cities and villages, enterprises and workers, skills and education, infrastructure and trade, and ...