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Schumpeterian Perspectives
Silicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconV...
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, c...
This paper develops a simple two-sector model of a socialist economy, in which government revenues required for servicing external debt are obtained f...
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This paper presents a model of a socialist economy, incorporating bargaining over wages and employment in the socialized sector, efficiency wages in t...