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Schumpeterian Restructuring
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1
I - Q Cycles
Francois, Patrick
;
Lloyd-Ellis, Huw
-
2005
delays in implementation and endogenous
innovation
, arise even in the presence of reversible investment. We derive the …
Persistent link: https://www.econbiz.de/10011940659
Saved in:
2
Growth, Cycles and Welfare: A Schumpeterian Perspective
Francois, Patrick
;
Lloyd-Ellis, Huw
-
2006
We use a Schumpeterian model in which both the economy's growth rate and its volatility are endogenously determined to assess some welfare and policy implications associated with business cycle fluctuations. Because it features a higher average growth rate than its acyclical counterpart,...
Persistent link: https://www.econbiz.de/10011940704
Saved in:
3
Redistribution and occupational choice in a Schumpeterian growth model
Garcίa-Peñalosa, Cecilia
;
Wen, Jean-François
-
2004
We consider an R&D-driven endogenous growth model in which
innovation
is risky and agents are risk averse. Growth is … social insurance, thus encouraging
innovation
and accelerating growth. The general equilibrium effects of the reallocation of …
Persistent link: https://www.econbiz.de/10010273729
Saved in:
4
How much Keynes and how much Schumpeter? An Estimated Macromodel of the US Economy
Cozzi, Guido
;
Pataracchia, Beatrice
;
Pfeiffer, Philipp
; …
-
2017
the slump following the Great Recession. Endogenous
innovation
dynamics amplifies financial crises and helps explain the …
Persistent link: https://www.econbiz.de/10012055402
Saved in:
5
Intrinsic Business Cycles with Pro-Cyclical R&D
Francois, Patrick
;
Lloyd-Ellis, Huw
-
2006
Recent empirical work finds that R&D expenditures are quite procyclical, even for firms that are not redit-constrained during downturns. This has been taken as strong evidence against Schumpeterian-style theories of business cycles that emphasize the idea that downturns in production may be good...
Persistent link: https://www.econbiz.de/10011940716
Saved in:
6
The implications of wage structure rigidity on human capital accumulation, economic growth and unemployment: A Schumpeterian approach to endogenous growth theory
Nusser, Michael
-
1999
accumulation. Human capital is an important source of sustained growth. By focusing explicity on
innovation
as an economic activity …
Persistent link: https://www.econbiz.de/10010301336
Saved in:
7
Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana
;
Wray, L. Randall
-
2015
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10011335945
Saved in:
8
Evolutionary Thinking in Environmental Economics
van den Bergh, Jeroen C.J.M.
-
2007
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10010325207
Saved in:
9
Growing out of the Crisis: Hidden Assets to Greece's Transition to an
Innovation
Economy
Herrmann, Benedikt
;
Kritikos, Alexander S.
-
2013
innovation
-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …
Persistent link: https://www.econbiz.de/10010328894
Saved in:
10
Mapping the two faces of R&D: productivity growth in a panel of OECD industries
Griffith, Rachel
;
Redding, Stephen
;
Reenen, John Van
-
2000
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating
innovation
, R … important in this catch up process as well as stimulating
innovation
directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10010330318
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