Endogenous Cycles and Growth with Indivisible Technological Developments

B-Tier
Journal: Review of Economic Dynamics
Year: 1999
Volume: 2
Issue: 2
Pages: 402-432

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When large, discrete technological improvements require the accumulation of research or infrastructural investment over time, growth paths display cyclical patterns even in the absence of any shocks. Particularly interesting equilibrium features of these cycles include declines in output and asymmetries in the cyclic patterns displayed during expansions and recessions. (Copyright: Elsevier)

Technical Details

RePEc Handle
repec:red:issued:v:2:y:1999:i:2:p:402-432
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25