The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This half semester class presents an...

Neoclassical growth models require large productivity/distortion differences across countries to produce the observed disparities in the wealth of nations. In this paper I develop an otherwise very standard neoclassical model with technology adoption and schooling decisions, and show that in...

The Internet is by all accounts an incredible success, but in spite or maybe because of this success, its deficiencies have come under increasing scrutiny and triggered calls for new architectures to succeed it. Those architectures will, however, face a formidable incumbent in the Internet, and...

A simple invention can at times prove extremely useful. This is the case with Plumpy’nut, a variety of ready-to-use therapeutic food (RUTF), conceived in 1999, that is shaping a new regime for emergency interventions to alleviate child malnutrition. This paper applies concepts from the...

Based on Everett Rogers’ diffusion model, the article explores diffusion dynamics in Chile’s Forestry Industry. Technology adoption is defined as depending upon innovation attributes, collaboration, communication channels, research and development (R&D) capacity, and institutional...

Purpose – IPv6 is the replacement for the Internet’s incumbent protocol, IPv4. IPv6 adoption is required to allow the Internet to continue to grow; however, there has been almost no uptake since its standardisation in the late 1990s. This paper seeks to explain how this non-adoption may be a...

The goal of this article is to better understand the diffusion of environmentally preferable manufacturing technology (as distinct from pollution control technology) in small-and medium-sized firms (SMEs) and the influence of technical assistance programs on the diffusion of these technologies....

This thesis is a collection of research papers examining global economic integration, technology diffusion and climate change and their interactions and policy implications. Chapter 1 theoretically analyzes the effect of changes in regional production costs on the inter-regional allocation of...

This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it raises the saving rate and thereby increases the rate of...

Recent research has explored the growing ‘financialization’ process in the U.S. and other advanced economies. The term is a catch-all phrase used to denote important changes in the structure of non-financial corporations’ balance sheets, including the growth of income from financial...