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...

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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

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