Arbeitspapier
Capital accumulation in a model of growth and creative destruction
Capital accumulation and creative destruction is modeled together with risk-averse households. The novel aspect - risk-averse households - allows to use well-known models not only for analyzing long-run growth as in the literature but also short-run fluctuations. The model remains analytically tractable due to a very convenient property of the household's investment decision in this stochastic continuous-time setup.
- Sprache
-
Englisch
- Erschienen in
-
Series: Dresden Discussion Paper Series in Economics ; No. 09/01
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Innovation and Invention: Processes and Incentives
One, Two, and Multisector Growth Models
- Thema
-
Creative destruction
Risk averse households
Capital accumulation
Endogenous fluctuations and growth
Investition
Wachstumstheorie
Risikoaversion
Innovationswettbewerb
Konjunkturtheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wälde, Klaus
- Ereignis
-
Veröffentlichung
- (wer)
-
Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
- (wo)
-
Dresden
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Wälde, Klaus
- Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
Entstanden
- 2001
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