Counting Innovations: Schumpeterian Growth in Discrete Time

Item Type Monograph (Working Paper)
Abstract

Schumpeterian growth theory based on creative destruction was originally designed for continuous time innovation and growth models. However its recently expanding use in DSGE modelling calls for an easily usable discrete time recast. We here show how to construct a discrete time version of creative destruction fully equivalent to its continuous time counterpart.

Authors Cozzi, Guido & Galli, Silvia
Language English
Subjects economics
HSG Classification contribution to scientific community
HSG Profile Area SEPS - Economic Policy
Date November 2019
Depositing User Prof. PhD Guido Cozzi
Date Deposited 29 Nov 2019 15:23
Last Modified 25 Feb 2020 19:18
URI: https://www.alexandria.unisg.ch/publications/258511

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Cozzi, Guido & Galli, Silvia: Counting Innovations: Schumpeterian Growth in Discrete Time. , 2019,

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https://www.alexandria.unisg.ch/id/eprint/258511
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