Intergenerational Bargaining in Technology Adoption
As of now, I have made an (incomplete) attempt at modeling these ideas. The eventual goal is to use the model in understanding the medium to long-term growh episodes such as transition countries in the 1990's, the aftermath of the Asian debt crisis in late 1990's, and the stagnation of old civilizations such as China after the Sung Dynasty period.
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- Krusell, P. & Rios-Rull, J.V., 1993.
"Vested Interests in a Positive Theory of Stagnation and Growth,"
547, Stockholm - International Economic Studies.
- Krusell, Per & Rios-Rull, Jose-Victor, 1996. "Vested Interests in a Positive Theory of Stagnation and Growth," Review of Economic Studies, Wiley Blackwell, vol. 63(2), pages 301-29, April.
- G. Bellettini & G. Ottaviano, 1999.
"Special Interests and Technological change,"
340, Dipartimento Scienze Economiche, Universita' di Bologna.
- Bridgman, Benjamin R. & Livshits, Igor D. & MacGee, James C., 2007. "Vested interests and technology adoption," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 649-666, April.
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