Innovation and growth with financial, and other, frictions

DOI10.1111/IERE.12210MaRDI QIDQ2980201zbMATH OpenOpenAlexFDO

Authors Jonathan Chiu, Césaire A. Meh, Randall Wright

Publication date 28 April 2017

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w17512.pdf

zbMATH Keywords

productivityinnovationfinancial frictionsendogenous growthtechnology transfer

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Production theory, theory of the firm (91B38) Economic growth models (91B62)

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Cites work

• A Model of Growth Through Creative Destruction
• A uniqueness proof for monetary steady state
• Asset Prices in an Exchange Economy
• Bank Runs, Deposit Insurance, and Liquidity
• Financial intermediation, liquidity, and inflation
• Introduction to modern economic growth.
• Money and capital as competing media of exchange
• Money, credit and banking
• On the Efficiency of Matching and Related Models of Search and Unemployment
• Random matching and money in the neoclassical growth model: some analytical results
• Search and the market for ideas

Cited in

(11)

• Money, random matching and endogenous growth: a quantitative analysis
• Silent financial interests and product innovation
• Search and the market for ideas
• FINANCIAL INTERMEDIATION IN A MODEL OF GROWTH THROUGH CREATIVE DESTRUCTION
• LEGAL INSTITUTIONS, INNOVATION, AND GROWTH
• Firm size, bank size, and financial development
• Frictional capital reallocation. I: Ex ante heterogeneity
• The struggle to survive in the R\&D sector: implications for innovation and growth
• Optimal development policies with financial frictions
• Transactions costs, technological choice, and endogenous growth
• Competing engines of growth: innovation and standardization

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