This paper analizes with cross-sectional data if the Golden Rule condition satisfies: where the saving index is equal to capital (beta) or to the real interest rate, equal to the gross output growth of households.
Palavras-chave:
Development, efficiency, welfare
Como Citar
Elías, V. (2016). The empirical foundation of the golden rule. Estudios De Economía, 28(1), pp. 79–88. Recuperado de https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40791