Title:Firm Dynamics Support the Importance of the Embodied Question
Author(s):GABLER, Alain; LICANDRO, OmarDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper contributes to the literature on both embodied technical
progress and firm dynamics, by formulating an endogenous growth
model where selection and imitation play a fundamental role in helping
capital good ...
Title:Vintage Capital
Author(s):BOUCEKKINE, Raouf; DE LA CROIX, David; LICANDRO, OmarDate:2008-01-01Type of Publication:Contribution to bookAbstract:This article reviews the early vintage capital literature of the 1960s, and identifies the factors behind the revival of topic from the 1990s. The fundamental properties of the seminal vintage capital growth models are ...
Title:‘The Child is Father of the Man:’ Implications for the Demographic Transition
Author(s):DE LA CROIX, David; LICANDRO, OmarDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We propose a new theory of the demographic transition based on the evidence
that body development during childhood is an important factor for life expectancy.
The key and novel mechanism of the model is that parents face ...
Title:Trade Liberalization, Competition and Growth
Author(s):LICANDRO, Omar; NAVAS-RUIZ, AntonioDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The aim of this paper is to understand whether international trade ma
enhance innovation and growth through an increase in competition. We de
velop a two-country endogenous growth model, both countries producing th
same ...
Title:An evolutionary theory of inflation inertia
Author(s):ANAGNOSTOPOULOS, Alexis; LICANDRO, Omar; BOVE, Italo; SCHLAG, Karl H.Date:2007Type of Publication:ArticleAbstract:We provide a simple theory of inflation inertia in a staggered price setting framework à la Calvo (1983). Contrary to Calvo's formulation, the frequency of price changes is allowed to vary according to an evolutionary ...
Title:Endogenous Growth through Selection and Imitation
Author(s):GABLER, Alain; LICANDRO, OmarDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A simple dynamic general equilibrium model is set up in which firms face
idiosyncratic productivity shocks. Firms whose productivity has fallen too
low exit, and entrants try to imitate the best practice of existing ...
Title:Vintage Capital
Author(s):BOUCEKKINE, Raouf; DE LA CROIX, David; LICANDRO, OmarDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:An Evolutionary Theory of Inflation Inertia
Author(s):ANAGNOSTOPOULOS, Alexis; LICANDRO, OmarDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We provide a simple theory of inflation inertia in a staggered price setting frame-
work a la Calvo (1983). Contrary to Calvo's formulation, the frequency of price
changes is allowed to vary according to an evolutionary ...
Title:Is Discrete Time a Good Representation of Continuous Time?
Author(s):LICANDRO, Omar; PUCH, Luis A.Date:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Economists model time as continuous or discrete. The recent literature
on continuous time models with delays should help to bridge the gap
between these two families of models. In this note, we propose a simple
time–to–build ...
