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Does Schooling Cause Growth?
Economists education model calibration quantitative education economic growth
2015/7/20
A number of economists find that growth and schooling are highly correlated across countries. A model is examined in which the ability to build on the human capital of one’s elders plays an impo...
Reallocating innovative resources around growth bottlenecks
innovative resources growth bottlenecks
2015/7/15
Economy-wide increasing returns to scale embodied in a general purpose technology (GPT) and its applications are often a key source of long-run growth. Yet the successful exploitation of increasing re...
Eclipsed and Confounded Identities:When High-Status Affiliations Impede Organizational Growth
Distinctiveness Status Networks Resource Acquisition Growth Venture Capital Status and Position
2015/4/28
I propose that an organization's growth potential may suffer if its identity is eclipsed by or confounded with the organizations with which it collaborates and competes. Using status as a salient feat...
Innovation,Reallocation and Growth
Entry Growth Industrial Policy Innovation R＆D Reallocation Selection Business Ventures
2015/4/28
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in te...
Convergence of Income Growth Rates in Evolutionary Agent-Based Economics
Convergence Income Growth Rates Evolutionary Agent-Based Economics
2010/10/21
We consider a heterogeneous agent-based economic model where economic agents have strictly bounded rationality and where income allocation strategies evolve through selective imitation. Income is cal...
China’s Quest for Alternative to Neo-liberalism: Market Reform, Economic Growth, and Labor
China market reform economic growth labor
2009/5/7
Since the turn of the century, China’s state and society have focused their efforts on “constructing a harmonious society”. Viewed from the perspective of globalization, these efforts represent a ques...
China’s Quest for Alternative to Neo-liberalism: Market Reform, Economic Growth, and Labor
China market reform economic growth labor
2010/12/7
Since the turn of the century, China’s state and society have focused their efforts on “constructing a harmonious society”. Viewed from the perspective of globalization, these efforts represent a ques...