JSTOR Daily

Optimal Endogenous Growth in a Two-Sector Model with Learning-by-Doing and Spillovers

I derive the optimal choice of public policy, explicitly characterize the optimal rate of endogenous economic growth, and compare it to the competitive growth rate in a two-sector model with ...
JSTOR Daily

Endogenous growth theory and regional performance: The moderating effects of special economic zones

Communist and Post-Communist Studies, Vol. 49, No. 2 (June 2016), pp. 113-122 (10 pages) Previous studies have explored regional performance from the perspective of endogenous growth theory. This ...
International Monetary Fund

Endogenous Growth, Downward Wage Rigidities and Optimal Inflation

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Standard New Keynesian (NK) models feature an optimal inflation target well below two percent, limited welfare losses from ...
Business Insider

Economist Paul Romer just won the Nobel Prize in economics — and his ideas sound like the backbone of Bill Gates' philanthropy playbook

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Hilary Brueck Every time Hilary publishes a story, you’ll get an alert straight to your inbox!
San Francisco Fed

Distribution of Market Power, Endogenous Growth, and Monetary Policy

We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...
Forbes

Nobel Laureate Paul Romer: The Path To Economic Growth And Innovation

Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus).