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Diversity and technological progress
Acemoglu, Daron - 2011
"This paper proposes a tractable model to study the equilibrium diversity of technological progress and shows that equilibrium technological progress may exhibit too little diversity (too much conformity), in particular, foregoing socially beneficial investments in "alternative" technologies...
Persistent link: https://www.econbiz.de/10009009625
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Diversity and technological progress
Acemoglu, Daron - In: The rate and direction of inventive activity revisited, (pp. 319-356). 2012
Persistent link: https://www.econbiz.de/10009550823
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Efficient unemployment insurance
Acemoglu, Daron; Shimer, Robert - 1998
Persistent link: https://www.econbiz.de/10000671911
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Efficient unemployment insurance
Acemoglu, Daron; Shimer, Robert - In: Journal of political economy 107 (1999) 5, pp. 893-928
Persistent link: https://www.econbiz.de/10001413479
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Was Prometheus Unbound by Chance? Risk, Diversification, and Growth
Acemoglu, Daron; Zilibotti, Fabrizio - 1997
This paper offers a theory of development that links the degree of market incompleteness to capital accumulation and … growth. At early stages of development, the presence of indivisible projects limits the degree of risk spreading …
Persistent link: https://www.econbiz.de/10014078038
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Was Prometheus unbound by change? : risk, diversification and growth
Acemoglu, Daron; Zilibotti, Fabrizio - 1996
Persistent link: https://www.econbiz.de/10013422251
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Setting standards : information accumulation in development
Acemoglu, Daron; Zilibotti, Fabrizio - 1997
Persistent link: https://www.econbiz.de/10013422337
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The structure of wages and investment in general training
Acemoglu, Daron; Pischke, Jörn-Steffen - 1998
Persistent link: https://www.econbiz.de/10013422433
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Efficient Unemployment Insurance
Acemoglu, Daron; Shimer, Robert - 2021
This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk … hazard: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves … maximal output without any UI. In contrast, in an economy with risk-averse workers, a positive level of UI maximizes output …
Persistent link: https://www.econbiz.de/10013234055
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Efficient Unemployment Insurance
Acemoglu, Daron - 1998
This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk … hazard: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves … maximal output without any UI. In contrast, in an economy with risk-averse workers, a positive level of UI maximizes output …
Persistent link: https://www.econbiz.de/10012472127