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This Element mentions the development of a stock-flow consistent agent-based macroeconomic model with Schumpeterian and Keynesian characteristics. In the long run, an evolutionary stable R&D strategy of firms emerges, leading to endogenous productivity growth. This title is also available as Open Access on Cambridge Core.

Produktbeschreibung
This Element mentions the development of a stock-flow consistent agent-based macroeconomic model with Schumpeterian and Keynesian characteristics. In the long run, an evolutionary stable R&D strategy of firms emerges, leading to endogenous productivity growth. This title is also available as Open Access on Cambridge Core.