Now showing items 1-3 of 3

    • Innovation, Reallocation and Growth 

      Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, William Robert (2013-05-21)
      We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative ...
    • Networks and the Macroeconomy: An Empirical Exploration 

      Acemoglu, Daron; Akcigit, Ufuk; Kerr, William Robert (2015-07-21)
      The propagation of macroeconomic shocks through input-output and geographic networks can be a powerful driver of macroeconomic fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and ...
    • Transition to Clean Technology 

      Acemoglu, Daron; Akcigit, Ufuk; Hanley, Douglas; Kerr, William Robert (2014-12-12)
      We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation, in the sense that research can be directed to either clean or dirty technologies. If dirty ...