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19 Oct 2023: References. Aghion, P. & Howitt, P. (1998) Endogenous Growth Theory (Cambridge MA, MIT Press). ... 94, pp. 1002-1037. Romer, P.M. (1990) Endogenous Technical Change, Journal of Political Economy, Vol.

7 Dec 2023: by-doing, and more generally endogenous technical change, is. considered. When information arrival is anticipated the optimal policy. ... More precisely, it is shown that marginal reasoning is limited when learning‐by‐doing, and more generally

9 Jul 2023: 6. can be seen as an endogenous response to the emerging industrial structure. ... In this approach, legal institutions are endogenous to the economic growth path of a particular country.

9 Jul 2023: creation potential of firms, through (endogenous) knowledge creation, innovation and. growth (Penrose, 1959). ... The focus on (endogenous) growth through knowledge creation and innovations in Penrose.

9 Jul 2023: and endogenous default barriers are extended to allow the principal value of a firm’s debt to. ... In Section 2, two structural models where. firms have a stationary capital structure and endogenous default boundaries are extended to.

19 Oct 2023: Keywords: endogenous money, fiscal policy, innovations, modern money theory, monetary. policy, neokeynesian dynamic porfolio models. ... One can also point out thatthe endogenous money view incapsulated in MMT is not radically new.

9 Jul 2023: Long-term interest rates are endogenous and reflect (exogenous) short-term rates among other influences. ... Such endogenous variables could be exogenised, for instance to simulate a fixed exchange rate.

19 Oct 2023: their analysis. OULTON AND O’MAHONY’S TEST OF “IS CAPITAL ‘SPECIAL’? ”. The early form of the endogenous growth theory emphasised the particular role of. ... 84, pp. 903-915. Felipe, J. (2001a), “Endogenous Growth, Increasing Returns, and

9 Jul 2023: Endogenous recovery rate from recursion: (e.g. Eisenberg-Noe2001; Elsinger ea. 2006; Rogers and Veraart 2013, NEVABarucca ea. ... New: Endogenous DebtRank with generic shock distributionDebtRank distress propagation can be combined with EN idea

9 Jul 2023: Cambridge Risk Atlas  Financial Catastrophe research on endogenous. shocks  Cyber Catastrophe include SITEs and Digital. ...  In 2014 began study of ‘endogenous’ shocks – Internal failures in the financial system.

9 Jul 2023: using IV Probit does not reject the null hypothesis, suggesting that the endogenous. ... In. the second stage, the endogenous variables are replaced by their respective fitted.

29 Sep 2023: revolution, 1750-1930. Endogenous growth models raise fundamental questions about the nature of human creativity, and the sorts of resources, skills, and knowledge inputs that shift the frontier of technology and

11 Dec 2023: The OLS, the FE, and the RE estimators cannot produce consistent coefficient estimates in the presence of endogenous regressors and dynamics. ... It does so by instrumenting the endogenous regressors by lags of their levels, while instrumenting those in

9 Jul 2023: Monetary policy has two polar opposite settings. Under fully accommodating monetary policy, the authorities target a constant full-employment, full-capacity level of output ( O ). The (endogenous) money stock (M) is ... Lucas, G. (2021), ‘The (dampened)

9 Jul 2023: The usual disclaimer applies. 2. SOURCES OF INCREASING RETURNS AND REGIONAL INNOVATION IN THE UK In recent years endogenous growth theories have highlighted the importance of different sources of increasing returns ... 4. Implications Our research

9 Jul 2023: e) As the model is fully endogenous (in the weak sense that to each variable. ... Third, policy is designed in a way that comprehends both endogenous patterns embedded in.

19 Oct 2023: endogenous and exogenous variables, and k = 1, 2, …6 for each of the six REIT markets. ... IRF) from our VAR models to trace the effect of residual shock on endogenous variables.

11 Dec 2023: 16. leakage is itself invariant as in a linear-quadratic model. “Total” internal carbon leakage with an endogenous allowance price.

7 Dec 2023: parameters) are estimated using appropriate econometric techniques. In particular, because. some regressors are endogenous, a generalized method of moments (GMM) method should be. ... parameters, if the endogenous regressors in the pricing equation are

9 Jul 2023: 13. In proposing that law is better thought of as, at least in part, ‘endogenous’ to the economy, we are not arguing that either legal rules or the ‘legal infrastructure’ are