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Rahmen der «Neuen Wachstumstheorie» vollzogenen modellkonzeptionellen Entwicklungen für die finanztheoretische Analyse dieses …
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We study the effects of time-using rent-seeking activities on the macroeconomic allocation and the economic growth rate. We formulate a highly stylized three-sector general equilibrium model with overlapping generations of individuals. The production side features one sector producing the...
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