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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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