Lecture15TheNewGrowthTheory(宏观经济学(天津南开大学,龚刚).pptVIP

Macroeconomics Lecture 15 The Theory of Economic Growth (I) Introduction The objective to present you the some stylistic factors, especially the convergence hypothesis, in economic growth. to introduce some classical models of economic growth Remark: the insufficiency in explaining economic growth is one of the shortcomings in Keynesian economics. Convergence Hypothesis: a Stylistic Factor? The growth and convergence in the richest countries Convergence Hypothesis: a Stylistic Factor? Convergence in OECD countries Convergence Hypothesis: a Stylistic Factor? Convergence in the worldwide C