Add to ORKGAn electronic version of the paper may be downloaded • from the SSRN website: www.SSRN.com • from the CESifo website: www.CESifo.de CESifo Working Paper No. 920 ENDOGENOUS BUSINESS CYCLES AND GROWTH Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles and growth is presented where the determinants of the cyclical behaviour of R&D investment are analytically studied. Providing an explicit expression for the expected length of a cycle shows that high frequency fluctuations can indeed be understood by this approach. It is also shown ...
The first part analyzes an Endogenous Business Cycle model with embodied technological change. House...
This paper studies the business-cycle fluctuations predicted by a two-sector endogenous-business-cyc...
This paper examines two related models, which permit analytical investiga-tion, to gain some insight...
Current explanations why a growing economy necessarily goes through periods of high and low growth p...
Current explanations why a growing economy necessarily goes through pe-riods of high and low growth ...
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cyc...
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cyc...
This paper shows that there exists a strong positive correlation between long-term growth rates and ...
This paper moves in a theoretical context in which the level of economic activity is dependent on ag...
This paper moves in a theoretical context in which the level of economic activity is dependent on ag...
Creative destruction due to new technologies causes both long-run growth and short-run business fluc...
Using ideas from the endogenous growth literature, we present a model of the endogenous determinatio...
When large, discrete technological improvements require the accumulation of research or infrastructu...
This paper builds up an endogenous growth model à la Aghion and Howitt (1992) and Boucekkine et al (...
The first part analyzes an Endogenous Business Cycle model with embodied technological change. House...
The first part analyzes an Endogenous Business Cycle model with embodied technological change. House...
This paper studies the business-cycle fluctuations predicted by a two-sector endogenous-business-cyc...
This paper examines two related models, which permit analytical investiga-tion, to gain some insight...
Current explanations why a growing economy necessarily goes through periods of high and low growth p...
Current explanations why a growing economy necessarily goes through pe-riods of high and low growth ...
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cyc...
This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cyc...
This paper shows that there exists a strong positive correlation between long-term growth rates and ...
This paper moves in a theoretical context in which the level of economic activity is dependent on ag...
This paper moves in a theoretical context in which the level of economic activity is dependent on ag...
Creative destruction due to new technologies causes both long-run growth and short-run business fluc...
Using ideas from the endogenous growth literature, we present a model of the endogenous determinatio...
When large, discrete technological improvements require the accumulation of research or infrastructu...
This paper builds up an endogenous growth model à la Aghion and Howitt (1992) and Boucekkine et al (...
The first part analyzes an Endogenous Business Cycle model with embodied technological change. House...
The first part analyzes an Endogenous Business Cycle model with embodied technological change. House...
This paper studies the business-cycle fluctuations predicted by a two-sector endogenous-business-cyc...
This paper examines two related models, which permit analytical investiga-tion, to gain some insight...