Difference between absolute and conditional convergence

Reference no: EM131134317

1. a. What sorts of capital investment does this chapter suggest are most useful for explaining long-run equilibrium growth?

b. Discuss the long-run growth potential of each of the following government programs:

i. Investment tax credits

ii. R&D subsidies and grants

iii. Policies intended to increase saving

iv. Increased funding for primary education

2. What is the difference between absolute and conditional convergence, as predicted by the neoclassical growth model? Which seems to be occurring, empirically?

Reference no: EM131134317

Questions Cloud

Explain in detail endogenous growth model : Now suppose we have an endogenous growth model. How will a lower population growth rate affect the society's long-term growth potential?

Find nyse marketrac and click on the djia ticker tape : 1. Go to Find NYSE MarkeTrac and click on the DJIA ticker tape, which shows trades for the stocks in the Dow Jones Industrial Averages. Stop the tape at GE. What are the latest price, dividend yield, and P/E ratio?

Write essay asignment : Define and describe the differences between the Holoplankton and the Meroplankton portions of the zooplankton.- what requirements would you place upon property owners and contractors to rebuild structures?

Calculate daily net returns and plot them : 1) Download a long set of daily S&P500 price data. Plot the data. What do you see? 2) Calculate daily net returns and plot them. What do you see? Hint : Net return is given by r(t) = p(t) - p(t-1) p(t-1)

Difference between absolute and conditional convergence : What sorts of capital investment does this chapter suggest are most useful for explaining long-run equilibrium growth?

Contrast our attitudes with views held by europeans : Explain the evolution of our national attitudes towards care for the medically indigent. In discussing this, consider the historical, geographical, faith-based, employment-based, economic, and technological factors that influenced its development.

The compensation committee of the board of directors : You chair the compensation committee of the board of directors of Androscoggin Copper. A consultant suggests two stock-option packages for the CEO:

The dollar values of your position : You are considering investing $1000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 4% and a risky portfolio, P, constructed with two risky securities X and Y. The optimal weights of X and Y in P are 38% and ..

How would you proceed with this patient : How would you proceed with this patient? What could be the underlying problem?

User Account

All Pages