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Technology (and policy) shocks in models of endogenous growth

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Technology (and policy) shocks in models of endogenous growth

Jones, Larry E.; Manuelli, Rodolfo E.; Stacchetti, Ennio - 1999

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Technology (and policy) shocks in models of endogenous growth

Jones, Larry E.; Manuelli, Rodolfo E.; Stacchetti, Ennio - 1999

Persistent link: https://www.econbiz.de/10001379609

Technology (and Policy) Shocks in Models of Endogenous Growth

Jones, Larry E. - 1999

Is there a trade-off between fluctuations and growth? The empirical evidence is mixed, with some studies (Kormendi and Meguire (1985)) finding a positive relationship, while others (Ramey and Ramey (1995)) finding the a negative one. Our objective in this paper is to understand how fundamental...

Persistent link: https://www.econbiz.de/10012471733