Two Americans won the Nobel Prize in Economics on Monday for their work suggesting robust, long-term economic growth can go hand in hand with a healthier, happier planet — if the rules of business and ...
This paper presents a three-class growth model with labour market conflict. The classes are workers, a middle-management middle class and a 'top' management capitalist class. The model introduces ...
We study the balanced growth paths and their stability features of a monetary two-sector endogenous growth model with physical capital and human capital accumulation. The demand of money is motivated ...
Joel Mokyr, Philippe Aghion and Peter Howitt win 2025 Nobel in Economics for explaining innovation-driven growth and the ...
This paper advocates a new way of thinking about goods trade in an open economy macro model. It develops a simple method for analyzing trade costs that are heterogeneous among a continuum of goods, ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: Bay Area News Group/AP/Zuma Press/iStock Photo Composite: Mark Kelly In a famous 1972 ...
Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus).
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