... Gómez (2008b) , where labor income taxation is not required either in the transitory phase or in the long‐run to replicate the optimal growth path. Economic growth Economic policy Economic equilibrium Financial modelling If leisure is specified as raw time, a symmetric equilibrium...

... 2006 Monetary policy Financial modelling One of the long‐standing issues in monetary economics is the debate over the effects of changes in the monetary growth rate on investment and the capital stock. In the modern literature, this debate started with Tobin's (1965) extension...