نتایج جستجو برای: keywords endogenous growth
تعداد نتایج: 2789059 فیلتر نتایج به سال:
Journal:
:Journal of Economic Dynamics and Control
2014
Journal:
:International Tax and Public Finance
1995
2009
Luc Laeven
Ross Levine
Stelios Michalopoulos
Is financial innovation necessary for sustaining economic growth? To address this question, we build a Schumpeterian model in which entrepreneurs earn profits by inventing better goods and profit-maximizing financiers arise to screen entrepreneurs. The model has two novel features. First, financiers engage in the costly but potentially profitable process of innovation: they can invent better me...
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