• 1 Introduction
  • 2 TheModel
  • 3 Steady State Analysis
  • 3.1 Market Equilibrium
  • 3.2 Social Planning Optimum
  • 4 Calibration
  • 4.1 Policy Parameters
  • 4.2 Other Parameters
  • 5 Optimal Long Run Policy Mix
  • 5.1 R&D Investment
  • 5.2 Physical Capital Investment
  • 5.3 Comparison to the Literature
  • 6 Dynamic Policy Evaluation
  • 6.1 Change in Single Policy Instruments
  • 6.2 Optimal Policy Mix
  • 7 Conclusion
  • Appendix