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...
Main Author: | Wei-Bin ZHANG |
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Format: | Article |
Language: | English |
Published: |
Publishing house of University of Pitesti, Romania
2012-12-01
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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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