Endogenous growth: estimating the Romer model for the US and Germany
Empirical results of time series analysis, which is used to examine the factors affecting economic growth in the United States and Germany, are presented.
Publication Name: Oxford Bulletin of Economics & Statistics
Real and monetary cycles in models of Keynes-Wicksell type
A Keynes-Wicksell-type descriptive dynamic macroeconomic model that incorporates financial, labor, and goods markets is formulated. Five differential equations make up the general model's dynamics. Two- and three-dimensional subcases are analyzed to demonstrate the existence of monetary and real cycles. Numerical simulation is used to examine the model's dynamics and the impact of government monetary and fiscal policies.
Publication Name: Journal of Economic Behavior & Organization