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This paper studies a non-degenerate price distribution for the homogeneous good within a model of endogenous directed technical change. A probability density function is analytically derived and shown to be related to the technology and innovation parameters of the model.
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This page is a summary of: Equilibrium price distribution with directed technical change, Economics Letters, August 2010, Elsevier,
DOI: 10.1016/j.econlet.2010.04.026.
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