کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10437872 912440 2005 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A Hicksian multiplier-accelerator model with floor determined by capital stock
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A Hicksian multiplier-accelerator model with floor determined by capital stock
چکیده انگلیسی
This article reconsiders the Hicksian multiplier-accelerator model with the “floor” related to the depreciation on actual capital stock. Through the introduction of the capital variable, a growth trend is created endogenously by the model itself, along with growth rate oscillations around it. The “ceiling” can be dispensed with altogether. As everything is growing in such a model, a variable transformation is introduced to focus relative dynamics of the income growth rate and the actual capital output ratio.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 56, Issue 3, March 2005, Pages 331-348
نویسندگان
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