Zobrazeno 1 - 10
of 43
pro vyhledávání: '"Bjarne S. Jensen"'
Publikováno v:
Review of Development Economics. 19:221-243
Multisector growth (MSG) models are dynamic versions of computable general equilibrium (CGE) models. Non-homothetic preference (utility) functions are required for the evolution of factor allocations and industrial structures in accordance with consu
Publikováno v:
Kawano, H, Ohta, H, Jensen, B S & Hwang, A R 2017, ' Production, Distribution, and Trade : General Equilibrium Models with One Single Cobb-Douglas Parameter ', Modern Economy, vol. 8, pp. 970-993 . https://doi.org/10.4236/me.2017.87068
We present simple general equilibrium models of resource allocation, factor income distribution, and trade among nations that are technologically identical, but different in tastes. Under conditions of autarky, this paper highlights the importance of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b41fda74decba1cbf2be72913a6bc3ba
https://findresearcher.sdu.dk:8443/ws/files/134171269/Production_Distribution_and_Trade.pdf
https://findresearcher.sdu.dk:8443/ws/files/134171269/Production_Distribution_and_Trade.pdf
Autor:
Bjarne S. Jensen
Publikováno v:
Jensen, B S 2017, ' von Thünen : Capital, Production Functions, Marginal Productivity Wages, and the Natural Wage ', German Economic Review, vol. 18, no. 1, pp. 51-80 . https://doi.org/10.1111/geer.12085
This paper puts seminal contributions to theory of production functions and maximization of explicit quantitative objective functions by Johann Heinrich von Thünen into a systematic historical perspective. We show that his comprehensive ‘Tableau E
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ed9c61e3cc8664754ff4edb2cda1d76d
https://portal.findresearcher.sdu.dk/da/publications/d4af22de-f895-4028-a9ce-74bf2ff64727
https://portal.findresearcher.sdu.dk/da/publications/d4af22de-f895-4028-a9ce-74bf2ff64727
Autor:
Bjarne S. Jensen, Ross Guest
Publikováno v:
Guest, R & Jensen, B S 2016, ' Applying a CRESH aggregate labour index to generate age-wage profiles ', Applied Economics Letters, vol. 23, no. 1, pp. 27-33 . https://doi.org/10.1080/13504851.2015.1047083
This article shows how a CRESH (Constant Ratios of Elasticity of Substitution, Homothetic) labour index can generate more realistic optimal wage profiles than traditional (restrictive) functional forms. The CRESH index function allows for age-specifi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::959aa7c357afaf39a540b8833606e4d9
https://portal.findresearcher.sdu.dk/da/publications/d82a330d-67c1-49b8-ae7d-18a55e0873f9
https://portal.findresearcher.sdu.dk/da/publications/d82a330d-67c1-49b8-ae7d-18a55e0873f9
Autor:
Bjarne S. Jensen, Sisira Jayasuriya
Publikováno v:
Pacific Economic Review. 15:42-45
Autor:
Mogens Esrom Larsen, Bjarne S. Jensen
Publikováno v:
Journal of Economics. 86:17-56
This paper analyzes Walrasian general equilibrium systems and calculates the static and dynamic solutions for competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical production t
Publikováno v:
Review of International Economics. 13:59-89
The paper studies autonomous dynamic systems that allow for the existence of economic growth per capita without dynamically generating explosive solutions. The implications of any degree of homogeneity, including increasing returns to scale in produc
Publikováno v:
Review of Development Economics. 5:182-204
This paper develops a framework for analyzing the stochastic dynamics of small growing trading economies with CES sector technologies. The open neoclassical two-sector growth model with a diffusion process (uncertainty) for the aggregate saving/inves
Autor:
Chunyan Wang, Bjarne S. Jensen
Publikováno v:
Review of International Economics. 7:378-402
Uncertainties are intrinsic features of dynamic economic systems, and this paper considers the dynamic implications of factor endowment (labor, capital) uncertainties for a small growing trading economy. The stochastic growth models presented extend
Autor:
Bjarne S. Jensen
Two central problems in the pure theory of economic growth are analysed in this monograph: 1) the dynamic laws governing the economic growth processes, 2) the kinematic and geometric properties of the set of solutions to the dynamic systems. With all