Showing 1 - 10 of 16,856
Persistent link: https://www.econbiz.de/10004198630
Persistent link: https://www.econbiz.de/10004628181
Persistent link: https://www.econbiz.de/10004615265
Persistent link: https://www.econbiz.de/10004065945
Persistent link: https://www.econbiz.de/10000885391
Persistent link: https://www.econbiz.de/10004113004
Persistent link: https://www.econbiz.de/10004059214
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10005703487