All Outputs (2)

A note on heterogeneity, inefficiency, and indeterminacy with Ricardian preferences (2001)
Journal Article
Cozzi, G. (2001). A note on heterogeneity, inefficiency, and indeterminacy with Ricardian preferences. Journal of Economic Theory, 97(1), 191-202. https://doi.org/10.1006/jeth.2000.2681

The main issue raised in this note is the nonequivalence between the infinite-horizon model where agents are infinitely lived and the successive generations model with altruistic finitely lived agents: in the presence of a nonnegative bequest require... Read More about A note on heterogeneity, inefficiency, and indeterminacy with Ricardian preferences.

Inventing or spying? Implications for growth (2001)
Journal Article
Cozzi, G. (2001). Inventing or spying? Implications for growth. Journal of Economic Growth, 6(1), 55-77. https://doi.org/10.1023/a%3A1009898011453

An engineer graduates if shederives the obvious implications of her instructor's hints. Butthe patent system rewards only the first to present nonobviousadvancements—ideas similarly skilled engineers are notexpected to invent. If a fraction of the ne... Read More about Inventing or spying? Implications for growth.