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Latest revision as of 13:44, 16 May 2024
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English | Sustained growth in the model of overlapping generations |
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Sustained growth in the model of overlapping generations (English)
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17 December 1992
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This paper analyzes endogenous economic growth in a model of overlapping generations. It shows that the limiting marginal efficiency of investment determines the potential for growth and that the rate of growth depends on the share of the capital stock devoted to investment.
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endogenous economic growth
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overlapping generations
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