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Lock-in and productive innovations: implications for firm-to-firm innovation pass-through
Lucía Casal, Columbia Business School
Firms innovate to improve efficiency and reduce their costs of production (productive innovations) and to increase customer dependency by...
Why Are Some Recoveries Weak and Others Strong?
Johannes Wieland, University of California, San Diego
Why were the recoveries from the 1990-1, 2001, and 2007-9 recessions weak relative to other postwar recessions? Leveraging heterogeneous...
