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Welfare analysis in a Schumpeterian growth model with capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10011401108
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A Schumpeterian model of investment and innovation with labor market regulation
Calcagnini, Giorgio; Giombini, Germana; Travaglini, Giuseppe - In: Economics of innovation and new technology 27 (2018) 7/8, pp. 628-651
Persistent link: https://www.econbiz.de/10012020529
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2008 - This Version: November 16, 2008
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10003779148
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Population, pensions, and endogenous economic growth
Heer, Burkhard (contributor); Irmen, Andreas (contributor) - 2008
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10003791799
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The macroeconomics of model T
Foellmi, Reto; Wuergler, Tobias; Zweimüller, Josef - 2009
Persistent link: https://www.econbiz.de/10003931069
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Capital accumulation and innovation as complementary factors in long-run growth
Howitt, Peter; Aghion, Philippe - In: Entrepreneurship and economic growth, (pp. 222-241). 2006
Persistent link: https://www.econbiz.de/10003380017
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The macroeconomics of Model T
Foellmi, Reto; Wuergler, Tobias; Zweimüller, Josef - 2009
We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the...
Persistent link: https://www.econbiz.de/10003941107
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Population, pensions and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2009
Persistent link: https://www.econbiz.de/10003813579
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - In: Journal of economic dynamics & control 46 (2014), pp. 50-72
Persistent link: https://www.econbiz.de/10010474407
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Welfare analysis in a Schumpeterian growth model with capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10001596279