The latest winner of the Nobel Prize in Economic Sciences is Professor Paul Romer. He achieved this prestigious accolade for his work on endogenous growth theory Professor Paul Romer's theory ...
Wealth Quote of the Day by Paul M. Romer, “Growth springs from better recipes, not just from more cooking” Paul M. Romers ...
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In this article we devise an endogenous growth model with R&D, physical capital, and human capital with several externalities. The model is calibrated to the US economy and used to quantitatively ...
This is a preview. Log in through your library . Abstract This paper shows that in a model of endogenous growth that does not exhibit the scale effect, taxes on consumption and labor income and the ...
Increased state funding in all sectors of research is now being advocated in the name of a new economic theory called Endogenous Growth Theory (EGT). Here, Terence Kealey and Aram Rudenski (Cambridge ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former professor of economics and senior adviser at the Bank of England. Today’s Economics ...
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