A model of trickle-down through learning
Article Abstract:
A study of income distribution based on an overlapping generations model of imperfect capital markets, technological non-convexities and information acquisitions is presented. The study focuses on learning the behavior as a determinant of long-run distribution outcomes.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
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Solving DSGE models with perturbation methods and a change of variables
Article Abstract:
Using perturbation methods and changed variables the problems related to models of dynamic stochastic general equilibrium are solved.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
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Clusters of invention, life cycle of technologies and endogenous growth
Article Abstract:
A study is conducted on various stages of lifecycle of technological innovations. The importance of learning-by-doing is emphasized.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
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