Crecimiento económico: enfoques y modelos. Capítulo 2 - Crecimiento económico y empleo: Keynesianos y Neoclásicos

Félix Jiménez

No 2010-289, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This chapter contains the keynesian and neoclassic models by which it was initiated the theory of economic growth. The main concern in these models is the possibility of growth with stability and full employment. First, we present models with an exogenous propensity to save: the Keynesian models of Harrod and Domar and the neoclassic models of Solow and Uzawa. Then we present models with an endogenous savings rate, as a result of the intertemporal consumption decisions of agents: Ramsey, Cass and Koopmans model and the Diamond’s overlapping generations’ model. The result for the Keynesians is the impossibility of growth with stability and full employment, while the neoclassics conclude that growth with full employment is possible, but an exogenous rate of progress is required.

Keywords: teoría política; labor del mercado. (search for similar items in EconPapers)
Pages: 100 pages
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pcp:pucwps:wp00289

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