J
Jeremy Greenwood
Researcher at University of Pennsylvania
Publications - 176
Citations - 16248
Jeremy Greenwood is an academic researcher from University of Pennsylvania. The author has contributed to research in topics: Technological change & Productivity. The author has an hindex of 47, co-authored 170 publications receiving 15239 citations. Previous affiliations of Jeremy Greenwood include University of Iowa & University of Western Ontario.
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Indexing, inflation, and economic policy a review essay☆
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On the existence and uniqueness of nonoptimal equilibria in dynamic stochastic economies
TL;DR: In this paper, the existence and uniqueness of a stationary equilibrium for distorted versions of the standard neoclassical growth model is investigated. And the conditions for the existence of a nontrivial equilibrium for the class of economies under study are simple and intuitively appealing.
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The Replacement Problem
Thomas F. Cooley,Thomas F. Cooley,Jeremy Greenwood,Jeremy Greenwood,Mehmet Yorukoglu,Mehmet Yorukoglu +5 more
TL;DR: In this paper, the authors construct a vintage capital model of economic growth in which the decision to replace old technologies with new ones is modeled explicitly, and illustrate the importance of vintage capital by analyzing the response of the economy to fiscal policies designed to stimulate investment in new technologies.
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Financial Markets in Development, and the Development of Financial Markets
Jeremy Greenwood,Bruce D. Smith +1 more
TL;DR: In this paper, two models with endogenous market formation are presented to analyze the relationship between markets and development, and it is argued that markets promote growth, and that growth in turn encourages the formation of markets.
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Measuring the Welfare Gain from Personal Computers
TL;DR: In this article, a simple model of consumer demand is formulated that uses a slightly modified version of standard preferences, and the modification permits marginal utility, and hence total utility, to be finite when the consumption of computers is zero.