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balanced growth path for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the …
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for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the social nature of …
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It is widely hypothesized that incomes in wealthy countries are insulated from environmental conditions because individuals have the resources needed to adapt to their environment. We test this idea in the wealthiest economy in human history. Using within-county variation in weather, we estimate...
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