Knowledge Growth and the Allocation of Time
(Lucas and Moll, 2014 JPE)
主讲人
杨欣（中经管2021级博士生）
论文简介
We analyze a model economy with many agents,each with a different productivity level. Agents divide their time between two activities: producing goods with the production-related knowledge they already have and interacting with others in search of new,productivity-increasing ideas. These choices jointly determine the economy's current production level and its rate of learning and real growth. We construct the balanced growth path for this economy. We also study the allocation chosen by an idealized planner who takes into account and internalizes the external benefits of search. Finally, we provide three examples of alternative learning technologies and show that the properties of equilibrium allocations are quite sensitive to two of these variations.
时间
12月28日19:00-21:00
地点
学术会堂712
主持人/点评老师
王忏 明洋
活动对象
创新发展学院、金融学院学生
人数规模
30人
主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
撰稿：杨欣
审稿：明洋
编辑：沈嘉怡
审核：王颖
