MARC details
| 000 -CABECERA |
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| Longitud fija campo de control |
02982cam a22003017 4500 |
| 001 - NÚMERO DE CONTROL |
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| Número de control |
w4286 |
| 003 - IDENTIFICADOR DELl NÚMERO DE CONTROL |
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| Identificador del número de control |
NBER |
| 005 - FECHA Y HORA DE LA ÚLTIMA TRANSACCIÓN |
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| Fecha y hora de la última transacción |
20211020114513.0 |
| 006 - CÓDIGOS DE INFORMACIÓN DE LONGITUD FIJA - CARACTERÍSTICAS DEL MATERIAL ADICIONAL |
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| Códigos de información de longitud fija - Características del material adicional |
m o d |
| 007 - CAMPO FIJO DE DESCRIPCIÓN FÍSICA |
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| Campo fijo de descripción física |
cr cnu|||||||| |
| 008 - CÓDIGOS DE INFORMACIÓN DE LONGITUD FIJA |
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| Códigos de información de longitud fija |
210910s1993 mau fo 000 0 eng d |
| 100 1# - PUNTO DE ACCESO PRINCIPAL-NOMBRE DE PERSONA |
|---|
| Nombre de persona |
<a href="Stiglitz, Joseph E.">Stiglitz, Joseph E.</a> |
| 245 10 - TÍTULO PROPIAMENTE DICHO |
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| Título |
Endogenous Growth and Cycles / |
| Mención de responsabilidad, etc. |
Joseph E. Stiglitz. |
| 260 ## - PUBLICACIÓN, DISTRIBUCIÓN, ETC. (PIE DE IMPRENTA) |
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| Lugar de publicación, distribución, etc. |
Cambridge, Mass. |
| Nombre del editor, distribuidor, etc. |
National Bureau of Economic Research |
| Fecha de publicación, distribución, etc. |
1993. |
| 300 ## - DESCRIPCIÓN FÍSICA |
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| Extensión |
1 online resource: |
| Otras características físicas |
illustrations (black and white); |
| 490 1# - MENCIÓN DE SERIE |
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| Mención de serie |
NBER working paper series |
| Designación de volumen o secuencia |
no. w4286 |
| 500 ## - NOTA GENERAL |
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| Nota general |
March 1993. |
| 520 3# - NOTA DE SUMARIO |
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| Sumario, etc, |
Schumpeter argued that economic downturns had positive effects, in the incentives that it provided for firms to increase their efficiency. Part 1. provides a simple model confirming Schwnpeter's insight At thesame time, the model shows that there are real costs to economic fluctuations which extend well beyond the temporary losses in output and the economic waste resulting from unused resources: the future productivity of the economy is adversely affected, e.g, because of reduced expenditures on R&D. These long run losses are likely to be far more significant than any temporary gains from any induced cost cutting. While traditional Schumpeterian analyses have focused on the relationships between market structure and innovation, they have paid less attention to the relationship between innovation and capital market imperfections (resulting, in many cases, from problems of costly and imperfect information which are particularly important in the context of innovation). It is these capital market imperfections which give result in the deleterious effect of economic downturns on technological progress. Part II. of the paper shows that the nexus between fluctuations and innovation goes in both directions: fluctuations in economic activity not only cause fluctuations in innovation, fluctuations in innovation may give rise to fluctuations in economic activity. The positive feedback relationship between innovation and economic activity may, under a variety of conditions, give rise to multiple equilibria. There is no presumption that the free market, left to itself, will choose the best among them. Moreover, it is shown that under certain circumstances, the only market equilibrium entails economic fluctuations. It is the structure of the economy, not exogenous disturbances (as in real business cycle theory) which give rise to cyclical behavior. |
| 530 ## - NOTA DE FORMATO FÍSICO ADICIONAL DISPONIBLE |
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| Nota de formato físico adicional disponible |
Hardcopy version available to institutional subscribers |
| 538 ## - NOTA DE DETALLES DEL SISITEMA |
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| Nota de detalles del sistema |
System requirements: Adobe [Acrobat] Reader required for PDF files. |
| 538 ## - NOTA DE DETALLES DEL SISITEMA |
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| Nota de detalles del sistema |
Mode of access: World Wide Web. |
| 588 0# - NOTA DE FUENTE DE LA DESCRIPCIÓN |
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| Nota de fuente de la descripción |
Print version record |
| 710 2# - PUNTO DE ACCESO ADICIONAL - NOMBRE DE ENTIDAD |
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| Nombre de entidad o nombre de jurisdicción como elemento inicial |
National Bureau of Economic Research. |
| 830 #0 - PUNTO DE ACCESO ADICIONAL DE SERIE - TÍTULO UNIFORME |
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| Título uniforme |
Working Paper Series (National Bureau of Economic Research) |
| Designación de volumen o secuencia |
no. w4286. |
| 856 40 - LOCALIZACIÓN Y ACCESO ELECTRÓNICO |
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| Identificador Uniforme del Recurso (URI) |
<a href="https://www.nber.org/papers/w4286">https://www.nber.org/papers/w4286</a> |
| 856 ## - LOCALIZACIÓN Y ACCESO ELECTRÓNICO |
|---|
| Texto del enlace |
Acceso en línea al DOI |
| Identificador Uniforme del Recurso (URI) |
<a href="http://dx.doi.org/10.3386/w4286">http://dx.doi.org/10.3386/w4286</a> |
| 942 ## - ENTRADA DE ELEMENTOS AGREGADOS (KOHA) |
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| Fuente de clasificaión o esquema |
Dewey Decimal Classification |
| Koha [por defecto] tipo de item |
Working Paper |
