An edition of On the solution of the growth model with investment-specific technological change (2004)

On the solution of the growth model with investment-specific technological change

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On the solution of the growth model with inve ...
Jesús Fernández-Villaverde, ...
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Last edited by MARC Bot
December 13, 2020 | History
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An edition of On the solution of the growth model with investment-specific technological change (2004)

On the solution of the growth model with investment-specific technological change

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"Recent work by Greenwood, Hercowitz, and Krusell (1997 and 2000) and Fisher (2003) has emphasized the importance of investment-specific technological change as a main driving force behind long-run growth and the business cycle. This paper shows how the growth model with investment-specific technological change has a closed-form solution if capital fully depreciates. This solution furthers our understanding of the model, and it constitutes a useful benchmark to check the accuracy of numerical procedures to solve dynamic macroeconomic models in cases with several state variables"--Federal Reserve Bank of Atlanta web site.

Publish Date
Publisher
Federal Reserve Bank of Atlanta
Language
English

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Edition Availability
Cover of: On the solution of the growth model with investment-specific technological change
On the solution of the growth model with investment-specific technological change
2004, Federal Reserve Bank of Atlanta
Electronic resource in English
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Book Details

Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 2/25/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
[Atlanta, Ga.]
Series
Working paper series / Federal Reserve Bank of Atlanta ;, 2004-39, Working paper series (Federal Reserve Bank of Atlanta : Online) ;, 2004-39.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3477181M
LCCN
2005616811

Source records

Library of Congress MARC record

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December 13, 2020 Edited by MARC Bot import existing book
December 10, 2009 Created by WorkBot add works page