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Export Reference (APA)
Sequeira, T. N. & Ferreira-Lopes, A. (2010). On the welfare properties of the Lucas and Romer endogenous growth models. Economics Bulletin. 30 (3), 1-7
Export Reference (IEEE)
T. M. Sequeira and A. M. Lopes,  "On the welfare properties of the Lucas and Romer endogenous growth models", in Economics Bulletin, vol. 30, no. 3, pp. 1-7, 2010
Export BibTeX
@article{sequeira2010_1765601348276,
	author = "Sequeira, T. N. and Ferreira-Lopes, A.",
	title = "On the welfare properties of the Lucas and Romer endogenous growth models",
	journal = "Economics Bulletin",
	year = "2010",
	volume = "30",
	number = "3",
	pages = "1-7",
	url = "http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I3-P198.pdf"
}
Export RIS
TY  - JOUR
TI  - On the welfare properties of the Lucas and Romer endogenous growth models
T2  - Economics Bulletin
VL  - 30
IS  - 3
AU  - Sequeira, T. N.
AU  - Ferreira-Lopes, A.
PY  - 2010
SP  - 1-7
SN  - 1545-2921
UR  - http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I3-P198.pdf
AB  - We present results from quantitative exercises using the Lucas and Romer endogenous growth models, from which we calculate welfare losses from the distortions presented in the Romer model. Moreover, comparing the models to data, we show that an economy governed by the Romer model would attain a higher welfare than one governed by the Lucas model, contrary to what can be interpreted from some previous theoretical contributions.
ER  -