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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...
Persistent link: https://www.econbiz.de/10009447274
Inflation expectations have been of great interest to economists because they predict how agents in an economy set prices and react to changes in various macroeconomic variables. The existence of Keynesian liquidity traps in Japan and the United States have helped emphasize the importance of...
Persistent link: https://www.econbiz.de/10009468735
Edith Penrose’s theory of firm growth postulates that a firm’s current growth rate will be influenced by the adjustment costs of, and changes to a firm’s productive opportunity set arising from, previous growth. Although she explicitly considered the impact of previous organic growth on...
Persistent link: https://www.econbiz.de/10009438187
Theory and evidence on government taxation policy. Topics include tax incidence; optimal tax theory; the effect of taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure policy. From the course home page: Course Description...
Persistent link: https://www.econbiz.de/10009432090
Die vorliegende Diplomarbeit untersucht den Zusammenhang zwischen staatlicher Bildungspolitik und der ökonomischen Entwicklung von Standorten. Nach einer ausführlichen Einleitung, in der die Begriffe Bildung und Bildungspolitik relevant abgegrenzt werden, nähert sich der Autor der...
Persistent link: https://www.econbiz.de/10009471834
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The object of study is the exchange of knowledge between agents of the private sector and its implications for innovation, social welfare and economic policy. The exchange of knowledge is of great importance, in particular with respect to innovative activity. New Growth Theory for instance...
Persistent link: https://www.econbiz.de/10009449724
Wachstumstheorie vorgestellt. Der Schwerpunkt der Arbeit ist Teil IV. Hier werden eigene innovationsbasierte Wachstumsmodelle …. Mit diesem – zusammen mit dem Solow-Modell – wahrscheinlich bedeutendsten Modell der Wachstumstheorie gründete Romer 1990 … die Neue Wachstumstheorie. In diesem Modell gelang es zum ersten Mal, technischen Fortschritt durch F&E privater …
Persistent link: https://www.econbiz.de/10009450183
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