Answers are grounded in this paper and cite their sources.
Theoretical analysis clarifies balanced growth path stability in endogenous growth models, indicating refined conditions for long-run macroeconomic equilibrium.
The main aim of this paper is to extend the analysis presented in a recent paper of Chilarescu in order to clarify the problem of stability of the balanced growth path for a general model of endogenous growth.
No takes yet. Share an insight, caveat, or question.
Constantin Chilarescu (2026) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: