Libri di Federico Etro - libri Vita e Pensiero

Federico Etro

Titoli dell'autore

Innovation by Leaders II: Schumpeterian Growth with Endogenous Persistence of Leadership digital Innovation by Leaders II: Schumpeterian Growth with Endogenous Persistence of Leadership
Anno: 2007
I develop a Schumpeterian model of endogenous growth with realistic features of the market for innovations as decreasing marginal productivity at the firm level and the possibility of wasteful duplications of resources between firms due to congestion at the industry level. Moreover, I consider the possibility that incumbent patentholders have a competitive advantage in the patent races for the next generation technologies and hence endogenously invest in R&D: in this case the value of being a leader is higher and growth driven by market leaders is higher. Technically the paper provides a complete analytical solution of the general equilibrium model with endogenous persistence of leadership through dynamic programming techniques and undetermined coefficient methods. Moreover, this framework can be used for other macroeconomic investigations: I show that other sources of growth may reduce investment inducing a paradoxical negative correlation between growth and R&D spending, and that price stickiness induces an inverted U relation between inflation and long run growth.
€ 6,00
Does Asymmetric Information matter in Competitive Insurance Markets? digital Does Asymmetric Information matter in Competitive Insurance Markets?
Anno: 2004
Does asymmetric information matter in insurance markets? Recent evidence on the automobile insurance market suggests not, rejecting the separating equilibnum of the Rothschild-Stiglitz model. However, I show that a two-penod version of that model can sustain a pooling equilibrium with experience rating which is consistent with the evidence and it mimics the bonus-malus policies of the automobile insurance markets. I also simulate the model showing that under reasonable conditions coordination failures emerge due to multiple equilibria.
€ 6,00
 

News

15.04.2024
Salone Internazionale del Libro 2024: i nostri eventi
Maryanne Wolf, Alberto Manguel, Nello Scavo, Lucia Capuzzi e altri ospiti: scopri gli eventi a Torino e vieni a trovarci al Pad. OVAL.
17.04.2024
Antonella Mariani presenta Noi Afghane a Caslino d'Erba
Venerdì 19 aprile la giornalista di Avvenire presenta il libro sulle donne afghane, scritto insieme a Lucia Capuzzi e Viviana Daloiso.
09.04.2024
Carovane alla Fiera dei Librai di Bergamo
Lunedì 22 aprile alle 17:15, la presentazione del libro di Claudio Cancelli e don Matteo Cella.
05.04.2024
Senza amore si contrae anche l'intelligenza
Un'anteprima del terzo volume delle Opere di PierAngelo Sequeri, "L'affidamento dell'Io".

Newsletter

* campi obbligatori

Collane

  • Cultura e storia
  • Filosofia morale
  • Grani di senape
  • Le nuove bussole
  • Metafisica e storia della metafisica
  • Pagine prime
  • Punti
  • Relazioni internazionali e scienza politica.ASERI
  • Sestante
  • Studi interdisciplinari sulla famiglia
  • Temi metafisici e problemi del pensiero antico
  • Transizioni
  • Varia. Saggistica
  • Scopri le altre Collane

Inserire il codice per attivare il servizio.