Titlebook: ;

OWL

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Human Capital, Religion, and Economic Growthf non-trivial steady states will be explored. In the model with human capital formation and religious participation, a close relationship between educational attainment and religious participation will be argued and religion will be pointed out as a steady-state phenomenon despite the sociological secularization hypothesis.

debble

Economic Growth with Bubblesn less and highly productive investors are essential not only to establish compatibility between the theory of rational bubbles and empirical evidence, but also to provide a theoretically consistent explanation for the positive correlations between asset price bubbles and capital formation, GDP growth, and aggregate consumption.

植物茂盛

International Parity Conditions in a Two-Country OLG Model Under Free Tradeomestically and abroad. From the latter, the purchasing power parity in its absolute and relative version is derived, while from the former the uncovered interest parity condition is obtained. Finally, the basic neoclassical (Heckscher–Ohlin) model of inter-sectoral trade is presented as a special case of the general two-country model.

胖人手艺好

雇佣兵

flammable

Occipital-Lobe

bles the financing of an ever-increasing rate of intermediate-product innovations by the savings of younger households. Growth in the OLG model of this chapter is attributed to a continuous innovation process driven by rational choices of short-lived agents.

Homocystinuria

Luciana C. de Oliveira,Camila Höfling to analyze the growth-enhancing effects of international trade. It turns out that due to the cost-saving effect of a larger number of intermediate product variants the price of final products steadily decreases and the growth rate of the final product rises compared to the autarky situation.

热情赞扬

Conclusion and Further Research,ncerns regarding exchange rate stability are not warranted since unilateral debt expansion does not impact the real exchange rate at all or the impacts are independent of the external balance of the debt-expanding country.