Jess Benhabib, Boyan Jovanovic. Externalities And Growth Accounting

We reexamine several bodies of data on the growth of output, labor, and capital, within the context of a model that admits the possibility of an externality to the capital input. The model is an augmented version of Paul Romer's (1987) reformulation of the Solow model. Unlike Romer, however, we find no evidence of an externality to capital. This finding implies nothing about the size of possible spillovers in the creation of knowledge because in our model, causality runs exclusively from knowl...

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Elizabeth W. Dunn, Barbara A. Spellman. Forgetting by remembering: Stereotype inhibition through rehearsal of alternative aspects of identity

We applied previous research on retrieval-induced forgetting to the issue of stereotype inhibition. All participants learned about a target person who belonged to a stereotyped group, and then practiced retrieving a subset of the targets characteristics. When participants practiced individuating information about the target, they showed inhibited memory for the targets stereotypic traits. When participants practiced stereotypic information about the target, they showed inhibited memory for: ...

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Gar Alperovizt. The New-Economy Movement.

The idea that we need a “new economy”—that the entire economic system must be radically restructured if critical social and environmental goals are to be met—runs directly counter to the American creed that capitalism as we know it is the best, and only possible, option. Over the past few decades, however, a deepening sense of the profound ecological challenges facing the planet and growing despair at the inability of traditional politics to address economic failings have fueled an extraordina...

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