The Spirit Of Capitalism' Change Ratio Of Wealth And Long Run Growth

Posted on:2006-11-17

Degree:Master

Type:Thesis

Country:China

Candidate:X X Yu

Full Text:PDF

GTID:2179360182466467

Subject:Mathematical economy

Abstract/Summary:

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In this paper, basing on the spirit of capitalism model we change the utility function to construct a new model .In order to understand the substance of the growth model we compare the dynamic nature and the speed of convergence in the Ramsey model and the spirit of capitalism model with our model.

Keywords/Search Tags:

spirit of capitalism, wealth, the change ratio of wealth, utility function, long run growth

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