Innovation and growth with financial, and other, frictions

J Chiu, C Meh, R Wright - International Economic Review, 2017 - Wiley Online Library
The generation of ideas and their implementation are crucial for economic performance. We
study this in a model of endogenous growth, where productivity increases with innovation …

Money, random matching and endogenous growth: A quantitative analysis

AC Chu, K Kan, CC Lai, CH Liao - Journal of Economic Dynamics and …, 2014 - Elsevier
In this study, we develop a search-and-matching monetary growth model to analyze the
effects of inflation on economic growth and social welfare by introducing endogenous …

A tale of two growth engines: The interactive effects of monetary policy and intellectual property rights

AC Chu, CC Lai, CH Liao - 2010 - mpra.ub.uni-muenchen.de
How do intellectual property rights that determine the market power of firms influence the
effects of monetary policy on economic growth and social welfare? To analyze this question …

Innovation and growth with financial, and other, frictions

J Chiu, CA Meh, R Wright - 2013 - papers.ssrn.com
The generation and implementation of ideas, or knowledge, is crucial for economic
performance. We study this process in a model of endogenous growth with frictions …

Money and random matching in an endogenous growth model

AC Chu, CC Lai, CH Liao - 2012 - mpra.ub.uni-muenchen.de
In this study, we develop a search-based monetary growth model to analyze the effects of
inflation on economic growth and social welfare by introducing endogenous economic …

[引用][C] SEF Working paper: 12/2015