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Innovating Firms and Aggregate Innovation

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NBER2002-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8819
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We develop a parsimonious model of innovating firms rich enough to confront firm-level evidence. It captures the dynamic behavior of individual heterogenous firms, describes the evolution of an industry with simultaneous entry and exit, and delivers a general equilibrium model of technological
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2002-02-01
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