Growth, Inequality and Declining Business Dynamism in a Unified Schumpeter Mark I + II Model

I develop a simple Schumpeterian agent-based model where the entry and exit of firms, their productivity and markup, the birth of new industries and the social structure of the population are endogenous and use it to study the causes of rising inequality and "declining business dynamism" s...

Full description

Saved in:
Bibliographic Details
Main Author Mellacher, Patrick
Format Journal Article
LanguageEnglish
Published 17.11.2021
Subjects
Quantitative Finance - Economics
Online AccessGet full text
DOI10.48550/arxiv.2111.09407

Cover