Archivi tag: R&D model

Lump-Sum Taxes in a R&D Model 

Pubblicato in 1 agosto 2014 da admin

Is it possible to increase growth and welfare by raising taxes anddisposing of the tax revenues? We show this may indeed be the case in a simple model with endogenous technical change, represented by an increase in the variety of … Continua a leggere→

Pubblicato in 1) Working Papers | Contrassegnato , , , , | Lascia un commento

Productivity growth and volatility: how important are wage and price rigidities?

Pubblicato in 1 febbraio 2014 da admin

We study the implications of having diferent sources of nominal rigidities on the relationship between productivity growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labour markets. We show that the efects of … Continua a leggere→

Pubblicato in 1) Working Papers | Contrassegnato , , , , | Lascia un commento