Verfügbarkeit: Endogenous Time Preference and Endogenous Growth

Endogenous Time Preference and Endogenous Growth:

The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government pol...

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1. Verfasser:	Zee, Howell H. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1994
Schriftenreihe:	IMF Working Papers Working Paper No. 94/15
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government policy will converge to a steady state with the same (positive) growth rate. A notable tax policy implication of the model is that, even in the absence of externalities, the growth effects of an income tax are shown to be a priori ambiguous and dependent on the relative magnitudes of the tax rate and the tax elasticity of the savings rate
Beschreibung:	1 Online-Ressource (28 p)
ISBN:	1451843194 9781451843194

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spelling	Zee, Howell H. Verfasser aut Endogenous Time Preference and Endogenous Growth Zee, Howell H Washington, D.C International Monetary Fund 1994 1 Online-Ressource (28 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 94/15 The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government policy will converge to a steady state with the same (positive) growth rate. A notable tax policy implication of the model is that, even in the absence of externalities, the growth effects of an income tax are shown to be a priori ambiguous and dependent on the relative magnitudes of the tax rate and the tax elasticity of the savings rate Online-Ausg http://elibrary.imf.org/view/IMF001/02050-9781451843194/02050-9781451843194/02050-9781451843194.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Zee, Howell H. Endogenous Time Preference and Endogenous Growth
title	Endogenous Time Preference and Endogenous Growth
title_auth	Endogenous Time Preference and Endogenous Growth
title_exact_search	Endogenous Time Preference and Endogenous Growth
title_exact_search_txtP	Endogenous Time Preference and Endogenous Growth
title_full	Endogenous Time Preference and Endogenous Growth Zee, Howell H
title_fullStr	Endogenous Time Preference and Endogenous Growth Zee, Howell H
title_full_unstemmed	Endogenous Time Preference and Endogenous Growth Zee, Howell H
title_short	Endogenous Time Preference and Endogenous Growth
title_sort	endogenous time preference and endogenous growth
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