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In economic models of energy and climate policy, endogenous technological change is generally introduced as the result of either investment in research-and-development or of learningby-doing. In this paper, we analyze alternative ways of modeling learning-by-doing in the renewable energy sector...
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Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical … serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income …
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