Peter Howitt, a professor at Brown University in the United States, is recognized as a leading 'Schumpeterian' alongside ...
Joel Mokyr, Philippe Aghion and Peter Howitt win 2025 Nobel in Economics for explaining innovation-driven growth and the ...
We study the balanced growth paths and their stability features of a monetary two-sector endogenous growth model with physical capital and human capital accumulation. The demand of money is motivated ...
Members, Engines CEOs, Industry agree in the promise of NSF Engines for localities & the nation's economy and security.
The study of economic growth is concerned with long-run changes, and therefore, historical data should be especially influential in informing the development of new theories. In this review, we draw ...
The Royal Swedish Academy of Sciences awarded the three economists "for explaining innovation-driven economic growth." ...
The 2025 Nobel Prize in Economic Sciences recognizes Joel Mokyr, Philippe Aghion, and Peter Howitt for their foundational ...
We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...
This course is compulsory on the MRes in Economics and MRes in Economics and Management. This course is available on the MRes in Finance. This course is not available as an outside option to students ...
UNTIL 1700 the world economy did not really grow—it just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium ...
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