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The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and with the exchange of ideas from those who generate them...
Persistent link: https://www.econbiz.de/10009359839
The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and with the exchange of ideas from those who generate them...
Persistent link: https://www.econbiz.de/10010279962
Persistent link: https://www.econbiz.de/10008649484
partners marry for money and the other where partners marry for romantic reasons orthogonal to productivity or debt. These … generate different investment incentives and therefore have a real impact on the market economy. While marrying for money …
Persistent link: https://www.econbiz.de/10003086586
Persistent link: https://www.econbiz.de/10003023188