The Spirit of Capitalism, Savings, Asset Pricing and Growth

Heng-Fu Zou ()

No 502, CEMA Working Papers from China Economics and Management Academy, Central University of Finance and Economics

Abstract: This study extends the traditional growth model and recent endogenous growth model to consider how a social and cultural element-the spirit of capitalism in the Weberian sense of accumulation for the sake of accumulation-impacts on savings, asset accumulation, stock market prices, and economic growth and development over time and across countries.

JEL-codes: B10 E21 E22 G12 O40 (search for similar items in EconPapers)
Pages: 194 pages
Date: 2011
New Economics Papers: this item is included in nep-fdg
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://down.aefweb.net/WorkingPapers/w502.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cuf:wpaper:502

Access Statistics for this paper

More papers in CEMA Working Papers from China Economics and Management Academy, Central University of Finance and Economics Contact information at EDIRC.
Bibliographic data for series maintained by Qiang Gao ().