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Fair and inclusive markets : why dynamism matters
Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021
a high level of competition. What a country produces and how much it competes domestically and internationally are …
Persistent link: https://www.econbiz.de/10012517949
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Competition, innovation, and inclusive growth
Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad … marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new …
Persistent link: https://www.econbiz.de/10012518975
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Innovation and growth from a Schumpeterian perspective
Aghion, Philippe - In: Revue d'économie politique 128 (2018) 5, pp. 693-711
Persistent link: https://www.econbiz.de/10012266574
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Monetary policy, product market competition and growth
Aghion, Philippe; Farhi, Emmanuel; Kharroubi, Enisse - 2018
Persistent link: https://www.econbiz.de/10011947708
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Growth versus margins : destabilizing consequences of giving the stock market what it wants
Aghion, Philippe; Stein, Jeremy C. - In: The journal of finance : the journal of the American … 63 (2008) 3, pp. 1025-1058
Persistent link: https://www.econbiz.de/10003822203
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Monetary policy, liquidity, and growth
Aghion, Philippe; Farhi, Emmanuel; Kharroubi, Enisse - 2012
Persistent link: https://www.econbiz.de/10009548839
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Monetary Policy, Liquidity, and Growth
Aghion, Philippe - 2012
In this paper, we use cross-industry, cross-country panel data to test whether industry growth is positively affected by the interaction between the reactivity of real short term interest rates to the business cycle and industry-level measures of financial constraints. Financial constraints are...
Persistent link: https://www.econbiz.de/10013106665
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The Inverted-U Relationship Between Credit Access and Productivity Growth
Aghion, Philippe - 2018
In this paper, we identify two counteracting effects of credit access on productivity growth: on the one hand, better access to credit makes it easier for entrepreneurs to innovate; on the other hand, better credit access allows less efficient incumbent firms to remain longer on the market,...
Persistent link: https://www.econbiz.de/10012909371
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The inverted-U relationship between credit access and productivity growth
Aghion, Philippe; Bergeaud, Antonin; Cette, Gilbert; … - 2018
Persistent link: https://www.econbiz.de/10011983289
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The inverted-U relationship between credit access and productivity growth
Aghion, Philippe; Bergeaud, Antonin; Cette, Gilbert; … - 2018
Persistent link: https://www.econbiz.de/10011947705