Antonio Fatás on Hysteresis and the Business Cycle
Macro Musings with David Beckworth
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The Three Main Models of Endogenous Growth
There are three main ways to think about endogenous growth. One is the learning by doing, which is the notion that when you have more activity, people are more engaged into production. The AK model says it's all about investment. And the R and D model says, well, growth is about innovation. Of course, human capital comes also in any of these three channels as well.
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