1.研讨論文
A Model of Growth Through Creative Destruction (Econometrica. Aghion and Howitt. 1992)
2.主講人
陳健英(中經管2023級博士生)
3.上期回顧
We introduced the setup of the baseline model. We showed that in equilibrium, the marginal cost of R&D is increasing in research employment, while the marginal benefit of R&D is decreasing in research employment. We also obtained two long-term equilibrium states: first, the R&D labor is a constant number; second, it follows a two-cycle dynamics. Finally, we derived the conditions under which the R&D labor is positive.
4.本期預告
We will continue to investigate the distribution of the equilibrium R&D labor and derive the steady state that maximizes welfare. We will then relax several assumptions in the baseline model to see their implications, including non-drastic innovations, endogenous size of innovations, and multiple intermediate goods.
5.時間地點
7月27日18:30-21:30 學術會堂712
6.主持人/點評老師
王忏(金融學院),明洋(韦德体育bevictor中國經濟與管理研究院)
7.活動對象
韦德体育bevictor、金融學院學生
8.人數規模
30人
9.主辦單位
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦