Accinelli, Elvio; London, Silvia; Punzo, Lionello F.; … - In: Journal of Economics and Econometrics 53 (2010) 1, pp. 90-110
We consider an economy with two types of firms (innovative and non-innovative) and two types of workers (skilled and unskilled), where workers' decisions are driven by imitative behavior, and thus the evolution of such an economy depends on the initial distribution of the firms. We show that...
