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Titlebook: Readings in the Theory of Growth; a selection of paper F. H. Hahn Book 1971 Economic Study Society 1971 elections.growth.reading.review.sel

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The Neoclassical Theorem and Distribution of Income and Wealth,e rate of profit is equal to the rate of growth. In such a state, the average saving ratio should be equal to the relative profit share. Except for this condition, “it does not matter at all who does the saving so long as the rate of profit is equal to the rate of growth,” in Mrs Robinson’s words ([
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The Adjustment of Savings to Investment in a Growing Economy,the extent to which, and the mechanisms by which, savings and investment are brought into balance in a growing economy with full employment. To what extent for equilibrium growth must the level of investment be, somehow or another, adjusted to the level of the savings which the community is prepared
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The Timescale of Economic Model How Long is the Long Run?,le of these models.. While in many cases we know how the major variables of the models change over time, in very few cases do we know how . they will change. Yet the speed of change is a prediction of the model, and by examining this we have a further test of the model’s properties. For example, in
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