4
votes
Accepted
Are there common alternative models of economic growth, compared to Solow's model
I think that you should start reading the Ramsey–Cass–Koopmans model, where saving choices are made endogenous (whereas in the Solow-Swan model there were exogenous).
Then, the milestone literature ...
2
votes
Accepted
Do we have an authoritative reason why inflation is bad?
Do we have an authoritative source explaining why inflation is bad and should be prevented?
Yes, for example Mankiw Macroeconomics is peer reviewed textbook (hence it is arguably authoritative source)...
2
votes
Can I instrument an endogenous variable and its quadratic form with the instrument and its quadratic form?
The reference given in a comment under the question by @Bertrand, of Cameron and Trivedi (2005, Section 6.5.4, page 198), is very useful, showing how linear 2SLS can be inconsistent.
I just stress ...
1
vote
Are there common alternative models of economic growth, compared to Solow's model
An older example that places emphasis on inter-industry relations by using an input-output model is von Neumann's growth model featured in his 1945 article "A Model of General Economic ...
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