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analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth … whether or not faster productivity growth in the tradable sector results in the departure of creative people from this sector … to the non-tradable sector is independent of whether this faster productivity growth is neutral or non-neutral. In …
Persistent link: https://www.econbiz.de/10013130117
We analyze inefficiency and inequality associated with the use of creative capital to produce a final good. We first study a case in which the creative capital units are perfect substitutes in the production of the final good. We show that the equilibrium outcome is inefficient and that there is...
Persistent link: https://www.econbiz.de/10012985391
We analyze inefficiency and inequality associated with the use of creative capital to produce a final good. We first study a case in which the creative capital units are perfect substitutes in the production of the final good. We show that the equilibrium outcome is inefficient and that there is...
Persistent link: https://www.econbiz.de/10012986624
Persistent link: https://www.econbiz.de/10009690845
compute the equilibrium physical to creative capital ratios and the relationships between the neutral productivity shifters …
Persistent link: https://www.econbiz.de/10013108116
compute the equilibrium physical to creative capital ratios and the relationships between the neutral productivity shifters …
Persistent link: https://www.econbiz.de/10013088574
We focus on a poor region and study the nexuses between health interventions undertaken by a regional authority (RA) and this region’s Holling resilience in the presence of a pandemic such as Covid-19. First, we show how a health intervention by the RA probabilistically affects an...
Persistent link: https://www.econbiz.de/10013293380
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