The empirical foundation of the golden rule
Victor Elias
Estudios de Economia, 2001, vol. 28, issue 1 Year 2001, 79-88
Abstract:
This paper analizes with cross-sectional data if the Golden Rule condition satisfies: where the saving index is equal to capital (beta) or to the real interest rate, equal to the gross output growth of households.
Keywords: Development; efficiency; welfare. (search for similar items in EconPapers)
JEL-codes: E10 E60 O11 O20 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:udc:esteco:v:28:y:2001:i:1:p:79-88
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