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【12月18日】Equilibrium Imitation and Growth

【时间】2012年12月18日(周二)12:15-13:45
【地点】中国人民大学 明主0409教室
【主讲】江艇  中国人民大学企业与组织研究中心讲师  香港科技大学商学院经济学博士
【主题】Equilibrium Imitation and Growth (written by Jesse Perla, and Christopher Tonetti, working paper)
【摘要】The least productive agents in an economy can be vital in generating growth by spurring technology diffusion. We develop an analytically tractable model where growth is created as a positive externality from risk taking by firms at the bottom of the productivity distribution imitating more productive firms. Heterogeneous firms choose to produce or pay a cost and search within the economy to upgrade their technology. Sustained growth comes form the feedback between the endogenously determined distribution of productivity, as evolved by past search decisions, and an optimal forward looking search policy. The growth rate depends on characteristics of the productivity distribution, with a thicker tailed distribution leading to more growth.
【主持】陈彦斌 教授

人大宏观经济学研讨会(Macro Workshop)旨在追踪宏观经济学国际最新进展,倡导构建符合国情的动态优化模型(尤其是Bewley模型)并使用计算机模拟研究中国经济改革与发展的重大问题。
联系人:陈伟泽    E_mail: sysu2006vc@126.com
更多讲座信息欢迎访问se.ruc.edu.cn,www.yanjiuyuan.com.cn

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