This paper views uncertainty and economic fluctuations as being primarily endogenous and internally propagated phenomena. The most important Endogenous Uncertainty examined in this paper is price ...
Today’s Economics Nobel is shared between Joel Mokyr, an economic historian, and macroeconomists/ growth theorists Philippe ...
We study the balanced growth paths and their stability features of a monetary two-sector endogenous growth model with physical capital and human capital accumulation. The demand of money is motivated ...
Two Americans won the Nobel Prize in Economics on Monday for their work suggesting robust, long-term economic growth can go hand in hand with a healthier, happier planet — if the rules of business and ...
Joel Mokyr, Philippe Aghion and Peter Howitt win 2025 Nobel in Economics for explaining innovation-driven growth and the ...
How does technical change affect economically optimal emission trajectories? Many low-carbon technologies, such as photovoltaic (PV) cells, wind energy and batteries, have become much cheaper in ...
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