Title of article :
A note on the empirics of the neoclassical growth model
Author/Authors :
Giovanni Caggiano، نويسنده , , Leone Leonida، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Pages :
7
From page :
170
To page :
176
Abstract :
This paper shows that the widely used log-linearization of the neoclassical model of growth implies a relevant loss in terms of the ability of the model in replicating the patterns of convergence of an economy to its equilibrium level.
Keywords :
Convergence processes , Neoclassical growth model , Autocorrelation function
Journal title :
Economics Letters
Serial Year :
2007
Journal title :
Economics Letters
Record number :
436132
Link To Document :
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