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Redistribution and occupational choice in a Schumpeterian growth model
Garcίa-Peñalosa, Cecilia; Wen, Jean-François - 2004
We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …
Persistent link: https://www.econbiz.de/10010273729
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Fueling growth when oil peaks: Directed technological change and the limits to efficiency
André, Francisco J.; Smulders, Sjak - 2012
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...
Persistent link: https://www.econbiz.de/10010289359
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Growth, development, and technological change
Grossmann, Volker; Steger, Thomas M. - 2007
structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
Persistent link: https://www.econbiz.de/10010264065
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 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/10010264503
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Property rights, optimal public enforcement, and growth
Irmen, Andreas; Kuehnel, Johanna - 2011
We study the link between public enforcement of property rights, innovation investments, and economic growth in an …
Persistent link: https://www.econbiz.de/10010280647