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Add to list Added to list Volatility and Growth
Philippe Aghion (Robert C. Waggoner Professor of Economics, Harvard University),Abhijit Banerjee (Ford Foundation International Professor of Economics and Director Poverty Action Lab, MIT)
Aghion and Banerjee build a model of an aggregate economy that takes the interactions between volatility and growth seriously, while still being open to the possibility of market failures. Looking…
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