This paper investigates what features of an economy determine whether convergence under learning is fast or slow. In … argue that under certain circumstances, convergence of a learning equilibrium to the rational expectations equilibrium can … regarding rates of convergence in learning models …

This paper develops a transparent, simplified version of Carnehl and Schneider (2025)'s model of knowledge creation …'s emphasis on "moonshots," our analysis demonstrates that expanding knowledge and then deepening it (the moonshot approach) is … original model predicts perfect alignment -- researchers bridging large knowledge gaps between disciplines choose locations …

We introduce imperfect creditor protection in a multi-country version of Schumpeterian growth theory with technology … transfer. The theory predicts that the growth rate of any country with more than some critical level of financial development … long-run growth rate. The theory also predicts that in a country that converges to the frontier growth rate, financial …

Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models … growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …

through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution … and growth developed by Klette and Kortum (2004). The data set is a panel of Danish firms than includes information on …

We construct a Schumpeterian growth theory consistent with the divergence in per-capita income that has occurred … second half of the 20th Century. The theory assumes that technological change underwent a transformation late in the 19th …

information collection affects equity analyst performance. Collection of hard information, proxied by office workday length, is … positively associated with the quantity and timeliness of analyst reports. Soft information collection, as proxied by propensity … star analyst. Both hard and soft information collection improve forecast precision, a causal result that we confirm using …