HABITS, SAVING PROPENSITY, AND ECONOMIC GROWTH

The purpose of this paper is to study economic growth with preference change on the basis of the Solow one-sector growth model, Zhang’s alternative approach to household behavior, the Ramsey growth theory with time preference, and the traditional growth model with habit formation. The propensity to...

Full description

Bibliographic Details
Main Author: Wei-Bin ZHANG
Format: Article
Language:English
Published: Publishing house of University of Pitesti, Romania 2012-12-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
Subjects:
Online Access:http://economic.upit.ro/repec/pdf/2012_2_1.pdf