期刊名称:Discussion Papers / Department of Economics, University of Essex
出版年度:2005
卷号:2005
出版社:University of Essex
摘要:This paper presents a simple stochastic endogenous growth model with multiple
shocks – a preference shock and a learning shock. The model is used to predict
alternative relationships between growth and volatility on the basis of the
underlying impulse source of fluctuations.