Domínguez-Díaz, Rubén; Hurtado, Samuel; Menéndez, … - In: SERIEs : Journal of the Spanish Economic Association 16 (2025) 1, pp. 191-228
This paper introduces an endogenous growth general equilibrium model of firm dynamics and innovative investment for the Spanish economy that allows a better understanding of the medium-term effects of economic policies and shocks. We calibrate the model using both aggregate and firm-level data....