Growth theory under heterogeneous heuristic behavior
Abstract
Over the last decades, conceptual frameworks formulated to address the dynamics of economic growth have hypothesized, discussed and tested a large number of different assumptions concerning the role of capital accumulation, labor productivity, learning-by-doing, formal education, innovation, and diffusion of ideas. Underlying all these theoretical contributions is, on the demand side, a pervasive and apparently unshakable structure of analysis:...
Paper Details
Title
Growth theory under heterogeneous heuristic behavior
Published Date
Jun 2, 2020
Volume
31
Issue
2
Pages
533 - 571
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