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The Theory of Saving and the Stability of Growth Equilibrium

Winston W. Chang

The Quarterly Journal of Economics · 1969 · Volume 83 · Issue 3

DOI: 10.2307/1880534

Abstract

I. Introduction and summary of main conclusions, 491. — II. The structure of an aggregate economy, 493. — III. The general saving function and the existence of the steady-state growth path, 494. — IV. Uniqueness and stability of the steady-state growth path, 498.

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