Department of Economics: Recent submissions

Now showing items 52-54 of 1296

    • Decentralizatiohn, Communication, and the Origins of Fluctuations 

      Angeletos, George-Marios; La'O, Jennifer (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-05-04)
      We consider a class of convex, competitive, neoclassical economies in which agents are rational; the equilibrium is unique; there is no room for randomization devices; and there are no shocks to preferences, technologies, ...

    • The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development 

      Ashraf, Quamrul; Galor, Oded (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-05-05)
      This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It ...

    • Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits 

      Galor, Oded; Michalopoulos, Stelios (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-05-03)
      This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that ...