This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion … drivers of technology, and what are the macroeconomic consequences of technology. We prioritize in our discussion unified … approaches to these three questions that are based on direct measures of technology. …

inherent part of the long-run growth process.The cyclical equilibrium that we study has a higher long-run growth rate but lower … business cycles, and that across cycling economies, a negative relationship emerges between volatility and growth. …

facts about firm dynamics: employment growth is decreasing with size and age; entry rate is pro-cyclical while the exit rate …

", as proxied by productivity growth shocks - in line with the Real Business Cycle framework -, and we provide empirical … evidence of a "demand granularity", based on investment growth shocks instead. The role of demand in explaining aggregate … fluctuations is further corroborated by means of a macroeconomic Agent-Based Model of the "Schumpeter meeting Keynes" family (Dosi …

identifying shocks. By assuming that all low-frequency output fluctuations are driven by permanent technology shocks, monetary …

identifying shocks. By assuming that all low-frequency output fluctuations are driven by permanent technology shocks, monetary …

facts about firm dynamics: employment growth is decreasing with size and age; entry rate is pro-cyclical while the exit rate …

", as proxied by productivity growth shocks - in line with the Real Business Cycle framework -, and we provide empirical … evidence of a "demand granularity", based on investment growth shocks instead. The role of demand in explaining aggregate … fluctuations is further corroborated by means of a macroeconomic Agent-Based Model of the "Schumpeter meeting Keynes" family (Dosi …

Norden, 1997; Sarabia, 2010), we identified the growth cycles and estimated the potential output for the Mexican economy …