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Evolutionary Selection and Keynes'-Schumpeter Macroeconomics - Nomaler, Onder (The United Nations University

Name: Evolutionary Selection and Keynes'-Schumpeter Macroeconomics - Nomaler, Onder (The United Nations University
Brand: Cambridge University Press
SKU: 2122022
Author: Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-MERIT))

Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-MERIT)), Danilo (Birmingham City University) Spinola, Bart (Maastricht University) Verspagen

Cambridge University Press

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This Element mentions the development of a stock-flow consistent agent-based macroeconomic model with Schumpeterian and Keynesian characteristics. In the long run, an evolutionary stable R&D strategy of firms emerges, leading to endogenous productivity growth. This title is also available…

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