Some Macroeconomics for the 21st Century
通过一个基于技术扩散的经济增长模型进行数值模拟,预测未来一个世纪世界收入增长和不平等的趋势,模型预测与观察数据吻合。
This note describes a numerical simulation of a model of economic growth, a simplified version of Robert Tamura's (1996) model of world income dynamics, based on technology diffusion. The model makes predictions for trends in average world income growth and about the evolution of the relative income distribution that accord well with observation. The model is used to forecast the course of world income growth and income inequality over the century to come.