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.
Papers
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Quantifying the Impact of Financial Development on Economic Development
TL;DR: In this article, a costly state verification model of financial intermediation is presented to address the question of how important financial development for economic development, and the analysis suggests a country like Uganda could increase its output by 116 percent if it could adopt the world's best practice in the financial sector.
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Financing Development: The Role of Information Costs
TL;DR: In this article, a costly state verifier framework is embedded into the standard growth model to address how technological progress in …nancial intermediation aects the economy, and the framework has two novel ingredients.
Posted Content
Accounting for Growth
Jeremy Greenwood,Boyan Jovanovic +1 more
TL;DR: In this paper, the authors show that since the early 1970's there has been a slump in the advance of productivity, and the price of new equipment has fallen steadily over the postwar period.
Journal ArticleDOI
On the State of the Union
TL;DR: In this paper, an overlapping generations model of marriage and divorce is constructed to analyze family structure and intergenerational mobility, where single agents meet in a marriage market and decide whether to accept or reject proposals to wed.
Posted Content
On the Cyclical Allocation of Risk
Paul Gomme,Jeremy Greenwood +1 more
TL;DR: In this article, a real business cycle model with heterogeneous agents is parameterized, calibrated and simulated to see if it can account for some stylized facts characterizing postwar U.S. business cycle fluctuations, such as the countercyclical movement of labor's share of income, and the acyclical behavior of real wages.