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[eng] This paper aims at analyzing the impact of capital markets dynamics on the financing of technological change. This approach is based on the existence of beliefs dynamics caused by a contagion process. We develop a model focusing on agents' heterogeneity considering that there is a...
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[fre] Nous proposons un modèle simple de croissance endogène dans lequel la composante systématique (anticipée) de la politique monétaire a un impact non linéaire sur le taux de croissance de long terme de l'économie. Nous montrons également que, hors sentier régulier, la volatilité de...
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