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Endogenous Growth with Intertemporally Dependent Preferences Author info | Abstract | Publisher info | Download info | Related research | Statistics Ferraguto, G.
Pagano, P.
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This paper presents an endogenous growth models with intertemporally dependent preferences and "Ak" technology. We derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and convergence.
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Paper provided by Banca Italia - Servizio di Studi in its series Papers with number
382.
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Length: 47 pages
Date of creation: 2000Date of revision:
Handle: RePEc:fth:banita:382Contact details of provider: Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy. Web page: http://www.bancaditalia.it/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).
Keywords: ECONOMIC GROWTH ; PREFERENCE ; MODELS ; Other versions of this item:
Find related papers by JEL classification: D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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"The Impact of News on the Exchange Rate of the Lira and Long-Term Interest Rates ,"
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Francesco Caselli & Jaume Ventura, 2000.
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"Risky Habits: On Risk Sharing, Habit Formation, and the Interpretation of International Consumption Correlations ,"
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Caballe, Jordi & Santos, Manuel S, 1993.
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"Asset Prices in an Exchange Economy with Habit Formation ,"
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Becker, Gary S & Murphy, Kevin M, 1988.
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Luca Dedola & Eugenio Gaiotti & Luca Silipo, 2001.
"Money demand in the euro area: do national differences matter? ,"
Temi di discussione (Economic working papers)
405, Bank of Italy, Economic Research Department.
[Downloadable!]
Other versions: Emilia Bonaccorsi di Patti & Giorgio Gobbi, 2001.
"The Effects of Bank Consolidation and Market Entry on Small Business Lending ,"
Temi di discussione (Economic working papers)
404, Bank of Italy, Economic Research Department.
[Downloadable!]
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