Listar Documentos de trabajo - Lan gaiak por tema "Transition dynamics"
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Dynamics, welfare and migration in open economies
In this work we analyze the importance of dynamics in the determination of the distribution of gains from free trade and migration. Given a transition dynamic, free trade might worsen a country relatively to autarchy. ... -
Transitional dynamics in an R&D-based growth model with imitation: comparing its predictions to the data
Employing cross-country data, this paper evaluates the transitional dynamics predictions of a non-scale growth model of endogenous technology innovation and imitation. We show that, unlike the neoclassical growth framework, ...