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and it hence lowers the volatility of output. Technological complexity evolves endogenously in response to profit …
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. The new insight is that an expansion in the number of varieties also lowers the volatility of output. This is because …
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The COVID-19 crisis has exacerbated the many challenges that developing and emerging economies are confronted with. Especially in the face of the expected unwinding of emergency policy measures, such as the G20 debt service suspension initiative, and the tightening of monetary conditions to curb...
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and it hence lowers the volatility of output. Technological complexity evolves endogenously in response to profit …
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