We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity distribution and generate aggregate growth.

We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country.

We investigate how a combination of limited liability and preexisting debt distort firms’ investment and equity payout decisions.

This online textbook presents a series of lectures on programming, data science, and economics.

This online textbook presents a set of lectures on quantitative economic modeling. The language instruction is Julia.

This paper proposes a model where consumption bundle heterogeneity is derived from a network of connections between consumers and firms. In it, consumers slowly become ‘aware’ of differentiated products, adding connections and expanding their choice sets.