positively to natural disasters. Here, we propose a simple theory based on the neoclassical growth model that explains these …

positively to natural disasters. Here, we propose a simple theory based on the neoclassical growth model that explains these …

positively to natural disasters. Here, we propose a simple theory based on the neoclassical growth model that explains these …

responds positively to natural disasters. Here, we propose a simple theory, based on the neoclassical growth model, that …

responds positively to natural disasters. Here, we propose a simple theory, based on the neoclassical growth model, that …

the parental decision problem leads to perpetual economic growth. The two long-run states are connected by a path of …

(Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration … institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect … stagnation differs from balanced growth by the presence of relatively many small firms of low productivity. …

This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …. Structurally, the equilibrium of stagnation differs from balanced growth by the presence of relatively many small firms of low …