This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced economies at the turn of the 21st century. It shows that a […]
Author Archive | Giovanni Dosi, Richard B. Freeman, Marcelo C. Pereira, Andrea Roventini and Maria Enrica Virgillito
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