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A Classical Model of Economic GrowthHomero CuevasUniversidad Nacional de Colombia - Facultad de Ciencias Econimicas Revista de EconomÃa Institucional, Vol 3, 2001 Abstract: This essay focuses on the conditions under which spontaneous growth in a developed economy create inestability, fluctuations and resources waste in a endogenous manner, in contrast with the neoclassical theories of economic cycles generated by exogenous shocks.
Number of Pages in PDF File: 20 Keywords: economic growth, cycles, endogenous shock, exogenous shock JEL Classification: D59, E13, E39 Accepted Paper SeriesDate posted: November 7, 2003Suggested CitationContact Information
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