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Persistent link: https://www.econbiz.de/10012493204
The paper extends the research started with Borsato (2020). I develop an agent-based, stock-flow consistent growth model to analyze the interplay between income distribution, innovation and productivity growth. Results still show that the mounting shrinkage of the labour share impacts negatively...
Persistent link: https://www.econbiz.de/10012497056
Persistent link: https://www.econbiz.de/10013441908
Persistent link: https://www.econbiz.de/10012493209
We propose a disaggregated representation of production using an agent-based fund-flow model that emphasizes inefficiencies, such as factor idleness and production instability, and allows us to explore their emergence through simulations. The model incorporates productivity dynamics (learning...
Persistent link: https://www.econbiz.de/10015130162
We propose a disaggregated representation of production using an agent-based fund-flow model that emphasizes inefficiencies, such as factor idleness and production instability, and allows us to explore their emergence through simulations. The model incorporates productivity dynamics (learning...
Persistent link: https://www.econbiz.de/10015076051