Randall Wright

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Innovation and Growth with Financial, and Other, Frictions

Staff Working Paper 2011-25 Jonathan Chiu, Césaire Meh, Randall Wright
The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models, Potential output, Productivity JEL Code(s): E, E4, G, G2, O, O3, O4

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