• 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