Two Americans won the Nobel Prize in Economics on Monday for their work suggesting robust, long-term economic growth can go hand in hand with a healthier, happier planet — if the rules of business and ...

This is a preview. Log in through your library . Abstract The main goal in this paper is to analyze an economic model of endogenous growth where human capital accumulation acts as the engine ...

This paper presents a three-class growth model with labour market conflict. The classes are workers, a middle-management middle class and a 'top' management capitalist class. The model introduces ...

This paper advocates a new way of thinking about goods trade in an open economy macro model. It develops a simple method for analyzing trade costs that are heterogeneous among a continuum of goods, ...

Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus).