Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5054335 | Economic Modelling | 2014 | 4 Pages |
Abstract
⺠We demonstrate serious deficiencies of traditional optimal growth theory. ⺠Traditional approach cannot come up with reasonable savings rates. ⺠Traditional approach conflicts with competitive equilibrium.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
O. de La Grandville,