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We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10009007836
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10013137792
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10013137795
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10013069257
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10012462288
Persistent link: https://www.econbiz.de/10011793193
The currencies of nations, in their utility as a medium of exchange and store of value, behave variously according to the integrated dynamics of free enterprise, the central bank and government policy. As such, foreign exchange rates fluctuate constantly with consequences for the growth of...
Persistent link: https://www.econbiz.de/10013028341