Cournot-Nash Family Decision and Economic Growth in an Extended Solowian Model
The purpose of this paper is to study economic growth with family-based microeconomic foundation. It develops a neoclassical growth model of endogenous wealth accumulation and consumption of two-person families. Growth mechanism and economic structures are based on a generalized Solowian growth mode...
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Format: | Article |
Language: | English |
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Academicus
2020-01-01
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Series: | Academicus : International Scientific Journal |
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Online Access: |
http://www.academicus.edu.al/nr21/Academicus-MMXX-21-101-114.pdf
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