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Description This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth … equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of … income and growth differences across countries. …
Persistent link: https://www.econbiz.de/10009432111
equilibria. They also imply that factor distribution of income has an important impact on growth. Finally, the paper derives new …
Persistent link: https://www.econbiz.de/10005661582
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …
Persistent link: https://www.econbiz.de/10010961044
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …
Persistent link: https://www.econbiz.de/10010950826
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …
Persistent link: https://www.econbiz.de/10010333318
We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model a firm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs....
Persistent link: https://www.econbiz.de/10005714808
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …
Persistent link: https://www.econbiz.de/10010236437
We present a tractable framework for the analysis of the relationship between contract incompleteness, technological complementarities and the division of labor. In the model economy, a firm decides the division of labor and contracts with its worker-suppliers on a subset of activities they have...
Persistent link: https://www.econbiz.de/10014065064
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …
Persistent link: https://www.econbiz.de/10013060122
Persistent link: https://www.econbiz.de/10001176489