A Discrete Monetary Economic Growth Model with the MIU Approach
Author
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2008, Issue 2008 (31 Dec. 2008), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2008-04-22
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
This paper proposes an alternative approach to economic growth with money.
The production side is the same as the Solow model, the Ramsey model, and the Tobin model.
But we deal with behavior of consumers differently from the traditional approaches.
The model is influenced by the money-in-the-utility (MIU) approach in monetary economics.
It provides a mechanism of endogenous saving which the Solow model lacks and avoids the assumption of adding up utility over a period of time upon which the Ramsey approach is based.
American Psychological Association (APA)
Zhang, Wei-Bin. 2008. A Discrete Monetary Economic Growth Model with the MIU Approach. Discrete Dynamics in Nature and Society،Vol. 2008, no. 2008, pp.1-14.
https://search.emarefa.net/detail/BIM-472059
Modern Language Association (MLA)
Zhang, Wei-Bin. A Discrete Monetary Economic Growth Model with the MIU Approach. Discrete Dynamics in Nature and Society No. 2008 (2008), pp.1-14.
https://search.emarefa.net/detail/BIM-472059
American Medical Association (AMA)
Zhang, Wei-Bin. A Discrete Monetary Economic Growth Model with the MIU Approach. Discrete Dynamics in Nature and Society. 2008. Vol. 2008, no. 2008, pp.1-14.
https://search.emarefa.net/detail/BIM-472059
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-472059