1.研讨论文
A Model of Growth Through Creative Destruction (Econometrica. Aghion and Howitt. 1992)
2.主讲人
陈健英（中经管2023级博士生）
3.上期回顾
We introduced the setup of the baseline model. We showed that in equilibrium, the marginal cost of R&D is increasing in research employment, while the marginal benefit of R&D is decreasing in research employment. We also obtained two long-term equilibrium states: first, the R&D labor is a constant number; second, it follows a two-cycle dynamics. Finally, we derived the conditions under which the R&D labor is positive.
4.本期预告
We will continue to investigate the distribution of the equilibrium R&D labor and derive the steady state that maximizes welfare. We will then relax several assumptions in the baseline model to see their implications, including non-drastic innovations, endogenous size of innovations, and multiple intermediate goods.
5.时间地点
7月27日18:30-21:30 学术会堂712
6.主持人/点评老师
王忏（金融学院），明洋（一竞技中国经济与管理研究院）
7.活动对象
一竞技、金融学院学生
8.人数规模
30人
9.主办单位
一竞技中国经济与管理研究院、金融学院联合主办
