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Persistent link: https://www.econbiz.de/10003732285
between two activities: producing goods with the production-related knowledge they already have, and interacting with others … and its rate of learning and real growth. Individuals' time allocation decisions depend on the knowledge distribution … time allocations of everyone in the economy in turn determine the evolution of its knowledge distribution. We construct the …
Persistent link: https://www.econbiz.de/10009372951