-
Technical change in a neoclassical two-sector model of optimal growth
This paper investigates into the consequences of sector-speci c technological progress in a two-sector, optimal growth model. In accordance with existing theory, we... -
Keeping-up with the Joneses, a new source of fluctuations in the two-sector c...
Our main objective is to study the impact of consumption externality like keeping of with the Joneses on the properties of long-run equilibrium in the two-sector...
