Example: stock market
Search results with tag "Romer"
Endogenous Technological Change: The Romer Model
www.karlwhelan.comUniversity College Dublin, MA Macroeconomics Notes, 2014 (Karl Whelan) Page 1 Endogenous Technological Change: The Romer Model The Solow model identi ed technological progress or improvements in total factor productivity
Endogenous Technological Change: The Romer Model
www.karlwhelan.comalso on the prevailing value of Aitself. This latter e ect stems from the \giants shoulders" e ect.1 For instance, the invention of a new piece of software will have relied on the previous invention of the relevant computer hardware, which itself relied on the previous invention of semiconductor chips, and so on.