Gilles, Fabrice; L'Horty, Yannick - In: Economics of Innovation and New Technology 14 (2005) 7, pp. 533-551
Economic activity accelerated in the United States, in the second part of the cycle, after 1995, within an environment of decreasing inflation. France has followed a qualitatively similar path since 1997, also clearly suggesting the effects of a positive supply shock. The spread of new...