The American Economic Review, Volume 97American Economic Association., 2007 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 65
... technological constraint in our model . Indeed , to reproduce the three main fea- tures of the transition , the model needs learning about embodied technologies to be both sub- stantial and protracted . When the learning process in the ...
... technological constraint in our model . Indeed , to reproduce the three main fea- tures of the transition , the model needs learning about embodied technologies to be both sub- stantial and protracted . When the learning process in the ...
Página 66
... technologies . We use the model to examine which factors determine the extent of built - up knowledge in equilibrium ... technologies , and little or no ongoing investment in old technologies . We argue in favor of our method of measur ...
... technologies . We use the model to examine which factors determine the extent of built - up knowledge in equilibrium ... technologies , and little or no ongoing investment in old technologies . We argue in favor of our method of measur ...
Página 79
... technologies , water and steam . So for the model , we consider two types of old technologies : those used in plants built before 1802 , which we identify with waterpower , and those used in plants built be- tween 1802 and 1869 , which ...
... technologies , water and steam . So for the model , we consider two types of old technologies : those used in plants built before 1802 , which we identify with waterpower , and those used in plants built be- tween 1802 and 1869 , which ...
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IRPS | 5 |
GEORGE A AKERLOF | 31 |
GIUSEPPE MOSCARINI | 37 |
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advertiser African American agents aggregate analysis asset assumption auction AUSTRALIAN OPEN average behavior benefits Besley bureaucrat buyer capital CB's central bank cities climate change conditional cash transfers constraint consumption growth cost crime currency decision denote distribution dynamics Econometrica employment share English auction envy-free equation equilibrium estimates example expected factor Figure fixed effects fraction function growth rate higher impact implies income increase individual industries inflation interest rate investment investors Journal liquidity trap litigation loss aversion lottery ment monetary nomic norms observed offer optimal output panel paper parameters payoff percent period portfolios predicted preferences probability of arrest productivity Qmax rational expectations regression revenues Ricardian equivalence risk sample Second Industrial Revolution Section sector seller shocks specification statistical Table technologies theory tion utility v₁ variables voting wage zero Zipf's law