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Innovation dynamics and fiscal policy : implications for growth, asset prices, and welfare
Donadelli, Michael; Grüning, Patrick - 2017 - This version: April 13, 2017
, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy. …
Persistent link: https://www.econbiz.de/10011637958
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Innovation Dynamics and Fiscal Policy : Implications for Growth, Asset Prices, and Welfare
Donadelli, Michael - 2017
, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy …
Persistent link: https://www.econbiz.de/10012958356
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International endogenous growth, macro anomalies, and asset prices
Grüning, Patrick - 2015 - This version: January 22, 2015
This paper studies a two-country production economy with complete and frictionless financial markets and international trade of final goods in which competition in R&D leads to endogenous new firm creation and economic growth. Current monopolists ("incumbents") and potential new firms...
Persistent link: https://www.econbiz.de/10010468546
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International endogenous growth, macro anomalies, and asset prices
Grüning, Patrick - 2016 - This version: July 20, 2016
enables the model to replicate the empirically rather moderate correlation between the R&D innovation probabilities of …
Persistent link: https://www.econbiz.de/10012061634
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Innovation dynamics and fiscal policy : implications for growth, asset prices, and welfare
Donadelli, Michael; Grüning, Patrick - 2017
Persistent link: https://www.econbiz.de/10011721054
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Innovation dynamics and fiscal policy: Implications for growth, asset prices, and welfare
Donadelli, Michael; Grüning, Patrick - 2017
, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy. …
Persistent link: https://www.econbiz.de/10011638094
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International endogenous growth, macro anomalies, and asset prices
Grüning, Patrick - In: Essays on asset pricing with contagion, endogenous …, (pp. 110-157). 2015
Persistent link: https://www.econbiz.de/10011303504
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International endogenous growth, macro anomalies, and asset prices
Grüning, Patrick - 2016
Persistent link: https://www.econbiz.de/10011721002
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International endogenous growth, macro anomalies, and asset prices
Grüning, Patrick - In: Journal of economic dynamics & control 78 (2017), pp. 118-148
Persistent link: https://www.econbiz.de/10011817488
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How Does Expropriation Risk Affect Innovation?
Benavente H., José Miguel; Bravo Ortega, Claudio; … - National Bureau of Economic Research - 2024
We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …
Persistent link: https://www.econbiz.de/10014512142