Journal ArticleDOI
The mathematical theory of saving
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Journal ArticleDOI
Under Performers and Over Achievers: A Quantile Regression Analysis of Growth
TL;DR: This article used quantile regression to identify the determinants of growth for under performing countries relative to those for over achieving countries using the mean of the conditional distribution, and then used this approach to analyse long-term growth at a variety of points in a conditional distribution.
Journal ArticleDOI
On economic growth and minimum wages.
Luciano Fanti,Luca Gori +1 more
TL;DR: In this paper, the existence of a positive relationship between minimum wages and economic growth in a simple one-sector overlapping generations economy was analyzed, without considering any growth-sustaining externalities which the minimum wage can generate.
Journal ArticleDOI
The welfare implications of climate change policy
TL;DR: In this paper, the response to three different climate change policies is measured within a general equilibrium model of world output, technological change, greenhouse gas emissions, and climate-driven changes in productivity.
Journal ArticleDOI
Discounting and Optimizing: Capital Accumulation Problems as Variational Minmax Problems
TL;DR: In this paper, a reduced-form capital accumulation problem under variational utility is studied, where the optimal capital path is characterized by a Hamiltonian dynamical system, together with two transversality conditions at infinity.