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Robert U. Ayres
Emeritus Professor of Economics and Political Science and Technology Management
Keywords
USA; Wealth; Dynamics; Econometrics; Modelling
Journal Article
Shmelev S. E., Ayres R. U. (2021). On the Creation and Destruction of National Wealth: Are Financial Collapses Endogenous? (7352) Sustainability, 13(13)
This paper traces US national wealth from 1914 through 2015 and constructs a multivariate econometric model that combines elements of short-term and long-term dynamics.