标题: Equity Q - Endogenous vs Neoclassical [打印本页] 作者: bcp901 时间: 2013-4-4 02:11 标题: Equity Q - Endogenous vs Neoclassical
Can anybody provide nice concise definitions for the these two growth theories in the equity section?
What are the core differences between these two growth theories?作者: tango_gs 时间: 2013-4-4 02:15
neo-growth drops to required rate of return due to lack of technological advance
endo-growth keeps on continuing b/c when growth slows people invent new technologies to keep growth going