Some macroeconomics for the 21st century

被引:138
作者
Lucas, RE [1 ]
机构
[1] Univ Chicago, Chicago, IL 60637 USA
关键词
D O I
10.1257/jep.14.1.159
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:159 / 168
页数:10
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