Demographic forecasts and volatility of investment rates vs. labor productivity trajectories

In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity as i...

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Bibliographic Details
Main Authors: Monika Bolińska, Paweł Dykas, Grzegorz Mentel, Tomasz Misiak
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2019-08-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/10446