Structural change, Engel's consumption cycles and Kaldor's facts of economic growth
By Reto Foellmi, Josef Zweimüller. 2008
323 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/f870edae7046ce9a84ac092d9625079c8bebc27d
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In Economics and Econometrics
Citations in the corpus
- The Rise of the Service Economy (2012, unknown): “q R zh(t) 0 dz ~ A(z) + (1 + q) R zh(t) zh(t) dz ~ A(z) (17)”
- Structural Change and the Kaldor Facts in a Growth Model with Relative Price Effects and Non-Gorman Preferences (2011, background): “I then show that a parsimonious neoclassical growth model can rationalize not only these facts, but also the aggregate Kaldor facts. The main new element in my macroeconomic theory is to incorporate a class of preferences regularly used in applied microeconomics. These non-Gorman preferences are tra”