What is the effect of inflation on growth? There is no consensus in existing empirical
literature. This study argues that the effect may be inverted-U shaped. Using panel data for …

This study explores the welfare effects of patent protection in a Romer-type expanding
variety model in which R&D and capital accumulation are both engines of growth. It shows …

We develop an endogenous growth model in which long-run growth is driven by three
engines: private abatement R&D, expanding-variety R&D, and capital accumulation. We …

This study explores the implications of patent protection on growth and inequality under
exogenous versus endogenous quality improvements. Our analysis shows that the effects of …

This study revisits the growth effects of monetary policy, patent breadth, and blocking patents
in a monetary Schumpeterian model. In the economy, there are cash constraints on R&D …

Recent evidence suggests that the degrees of both patent protection and income inequality
have increased significantly. Existing literature mainly analyzes the patent-inequality …

In this survey, we provide a selective review of the literature on inflation, innovation, and
economic growth. The relationship between economic growth and inflation is a fundamental …

This study investigates the growth and welfare effects of monetary policy in a Schumpeterian
economy featuring cash-in-advance (CIA) constraints and two engines of growth: innovation …

This paper compares the effects of patent protection and subsidy policies on growth and the
environment in a model where technology innovation and capital accumulation are both …

Many studies have identified the negative effect of environmental regulation on capital
accumulation and the positive effect on innovation, but this observed capital-innovation …