of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the … Schumpeterian policies in sustaining long-run growth paths characterized by mild fluctuations and acceptable unemployment levels … factors influencing aggregate demand and drivers of technological change affect both "short-run" fluctuations and long …

The sector business services contributes directly and indirectly to aggregate economic growth in Europe. The direct … cyclical volatility, there was also a strong structural growth. Business services actually generated more than half of total … net employment growth in the European Union since the second half of the 1990s. Apart from this direct growth contribution …

This survey discusses the effect of macroeconomic fluctuations on long-run growth from both a theoretical and empirical …

Output fluctuations are driven by expectations about the degree of competition in the product market (and R&D sector … severer, (iii) the amplitude of fluctuations becomes larger, (iv) the variance of output changes ambiguously, indicating a non …-linear relation. Once the growth of labour productivity is endogenised with learning-by- doing, it grows faster in contraction if the …

the spirit of Plouraboue et al. (1998), we postulate that potential adopters of a technology are situated in a social …