Inflation, Complexity and Endogenous Growth
In this article, we argue that inflation increases complexity pertaining to knowledge production (or R&D). Then, we expand a recently developed complexity index based on entropy to include the effect of inflation. As a result of this new mechanism in an endogenous growth model, inflation is no l...
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| Other Authors: | , |
| Format: | other |
| Language: | eng |
| Published: |
2019
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10316/87706 |
| Country: | Portugal |
| Oai: | oai:estudogeral.sib.uc.pt:10316/87706 |