We study the balanced growth paths and their stability features of a monetary two-sector endogenous growth model with physical capital and human capital accumulation. The demand of money is motivated ...

Two Americans won the Nobel Prize in Economics on Monday for their work suggesting robust, long-term economic growth can go hand in hand with a healthier, happier planet — if the rules of business and ...

This paper analyzes the impact of the interaction between monetary policy and fiscal policy on the stability of an one-sector AK economy. The monetary authority pegs the money growth factor while the ...

The latest winner of the Nobel Prize in Economic Sciences is Professor Paul Romer. He achieved this prestigious accolade for his work on endogenous growth theory ...

The latest winner of the Nobel Prize in Economic Sciences is Professor Paul Romer. He achieved this prestigious accolade for his work on endogenous growth theory Professor Paul Romer's theory ...

Why are some nations rich while others remain poor? It’s one of the oldest—and most consequential—questions in economics. The ...

Researchers have introduced an AI-driven, model-free control system that stabilizes the complex Uzawa-Lucas endogenous growth model using only partial economic data. By leveraging differential ...

It is telling that with the Economics Nobel 2025, the Nobel Committee has chosen to honour a framework whose ideal conditions such as liberal markets and scientific freedom are under strain ...