Example: confidence
Endogenous Technological Change The Romer
Found 1 free book(s)A Contribution to the Empirics of Economic Growth
eml.berkeley.edution growth, and worldwide technological change, all of which the Solow model treats as exogenous. Nor does it imply that endogenous- growth models are not important, for they may provide the right explanation of worldwide technological change. Our conclusion does imply, however, that the Solow model gives the right answers