Dynamic General Equilibrium Theory and Aggregate Phenomena

最近几年，人们对 分析增长模式，因为最近的贡献， 基本的资本模型，以我们了解各种各样的， 经济现象。 该项目开发了 内生增长，特别强调以下领域： (1)分析增长的决定因素， 持续增长的可能性;（2）研究的过程， 创新或新产品开发;以及（3）研究 税收的动态效应。 该项目探讨了 这三个领域之间的联系，并将这项工作扩展到 开放的经济环境。 这项研究应该为经济增长提供新的见解， 技术变革和税收政策。 以前的工作 研究人员将动态税收的文献与 增长的决定因素表明，不同的税收政策， 贸易政策可能会产生永久性的差异， 不同国家的增长率。 该项目将扩大 过去的工作，特别强调市场的影响， 电力、教育和不同的经济政策， 开放经济中的经济增长。

The last few years have been witness to renewed interest in the analysis of models of growth because of recent contributions of the basic capital model to our understanding of a wide variety of economic phenomena. This project develops convex models of endogenous growth with special emphasis on the following areas: (1) the analysis of the determinants of growth and the possibility of sustained growth; (2) the study of the process of innovation or new product development; and (3) the study of the dynamic effects of taxation. The project explores the connections between these three areas and extends this work into open economy settings. This research should provide new insights into economic growth, technological change and tax policy. Previous work by the investigator tying the literatures on dynamic taxation and the determinants of growth demonstrates that different tax policies and trade policies can generate permanent differences in the growth rates of different countries. This project will extend the past work with special emphasis on the effect of market power, education and different economic policies on sustained economic growth in an open economy.