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Details about Peter Howitt

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Homepage:http://www.econ.brown.edu/fac/Peter_Howitt/
Workplace:Economics Department, Brown University, (more information at EDIRC)
National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Peter Howitt.

Last updated 2016-06-02. Update your information in the RePEc Author Service.

Short-id: pho22


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Working Papers

2016

  1. Banks, Market Organization, and Macroeconomic Performance: An Agent-Based Computational Analysis
    Department of Economics Working Papers, Department of Economics, Williams College Downloads View citations (12)
    Also in Working Papers, American University, Department of Economics (2015) Downloads View citations (1)
    Center for Development Economics, Department of Economics, Williams College (2011) Downloads View citations (49)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) Downloads View citations (29)

2015

  1. Learning, Expectations, and the Financial Instability Hypothesis
    Working Papers Series, Institute for New Economic Thinking Downloads View citations (1)
  2. Patent rights, product market reforms, and innovation
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library Downloads View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) Downloads View citations (11)

    See also Journal Article in Journal of Economic Growth (2015)

2014

  1. How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation
    Department of Economics Working Papers, Department of Economics, Williams College Downloads View citations (12)
    Also in Working Papers, American University, Department of Economics (2013) Downloads View citations (2)
    Working Papers, Brown University, Department of Economics (2012) Downloads
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) Downloads View citations (4)

    See also Journal Article in Macroeconomic Dynamics (2016)

2013

  1. What Do We Learn From Schumpeterian Growth Theory?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (36)
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) Downloads View citations (35)
    Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies (2013) Downloads View citations (36)

    See also Chapter (2014)

2012

  1. Getting at Systemic Risk via an Agent-Based Model of the Housing Market
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University Downloads View citations (34)
    See also Journal Article in American Economic Review (2012)

2010

  1. The Relationship Between Health and Growth: When Lucas Meets Nelson-Phelps
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (23)
    Also in Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE) (2009) Downloads View citations (5)

    See also Journal Article in Review of Economics and Institutions (2011)

2009

  1. Adaptive Consumption Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article in Journal of Economic Dynamics and Control (2014)
  2. The Effects of Entry on Incumbent Innovation and Productivity
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (169)
    Also in Discussion Papers, Research Unit: Competition and Innovation, Social Science Research Center Berlin (WZB) (2006) Downloads View citations (26)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (33)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) Downloads View citations (18)

    See also Journal Article in The Review of Economics and Statistics (2009)
  3. When Does Domestic Saving Matter for Economic Growth?
    Harvard Business School Working Papers, Harvard Business School Downloads View citations (186)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (47)
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade (2006) Downloads View citations (34)

2008

  1. Beyond DSGE Models: Toward an Empirically Based Macroeconomics
    Middlebury College Working Paper Series, Middlebury College, Department of Economics Downloads View citations (64)
    See also Journal Article in American Economic Review (2008)
  2. Testing Creative Destruction in an Opening Economy: the Case of the South African Manufacturing Industries
    Working Papers, Economic Research Southern Africa Downloads View citations (11)
    Also in Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE) (2008) Downloads View citations (5)

2006

  1. Appropriate Growth Policy: A Unifying Framework
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (79)
  2. The U-shaped relationship between vertical integration and competition: theory and evidence
    IFS Working Papers, Institute for Fiscal Studies Downloads View citations (7)

2005

  1. Competition and Innovation: An Inverted-U Relationship
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (750)
    Also in IFS Working Papers, Institute for Fiscal Studies (2002) Downloads View citations (190)
    NBER Working Papers, National Bureau of Economic Research, Inc (2002) Downloads View citations (201)

    See also Journal Article in The Quarterly Journal of Economics (2005)
  2. The Effect of Financial Development on Convergence: Theory and Evidence
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (241)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) Downloads View citations (22)
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade (2004) Downloads View citations (16)

    See also Journal Article in The Quarterly Journal of Economics (2005)

2004

  1. Entry and Productivity Growth: Evidence From Microlevel Panel Data
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (99)
    See also Journal Article in Journal of the European Economic Association (2004)

2002

  1. General Purpose Technology and Wage Inequality
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (59)
    See also Journal Article in Journal of Economic Growth (2002)
  2. R&D, Implementation and Stagnation: A Schumpeterian Theory of Convergence Clubs
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (37)
    See also Journal Article in Journal of Money, Credit and Banking (2005)

2001

  1. Competition, Imitation and Growth with Step-by-Step Innovation
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (258)
    See also Journal Article in Review of Economic Studies (2001)

2000

  1. General Purpose Technology and Within-Group Inequality
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (11)

1998

  1. Keynes and the Classics: An End of Century View
    Working Papers, Ohio State University, Department of Economics Downloads View citations (2)

1992

  1. A Model of Growth Through Creative Destruction
    Scholarly Articles, Harvard University Department of Economics Downloads View citations (2513)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1989) View citations (20)
    DELTA Working Papers, DELTA (Ecole normale supérieure) (1990)
    UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics (1989) View citations (53)
    NBER Working Papers, National Bureau of Economic Research, Inc (1990) Downloads View citations (34)

    See also Journal Article in Econometrica (1992)

1991

  1. Growth and Unemployment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (21)
    See also Journal Article in Review of Economic Studies (1994)

1990

  1. ANIMAL SPIRITS
    UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics View citations (4)
    See also Journal Article in American Economic Review (1992)
  2. MONEY AND GROWTH REVISITED
    UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics View citations (5)
  3. WICKSELL,S CUMULATIVE PROCESS AS NONCONVERGENCE TO RATIONAL EXPECTATIONS
    University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers, University of Western Ontario, The Centre for the Study of International Economic Relations

1989

  1. Gradual Reforms of Capital Income Taxation
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (17)
    See also Journal Article in American Economic Review (1989)

1976

  1. Money,Credit and the Timing of Transactions
    UCLA Economics Working Papers, UCLA Department of Economics Downloads View citations (1)

Journal Articles

2016

  1. HOW INFLATION AFFECTS MACROECONOMIC PERFORMANCE: AN AGENT-BASED COMPUTATIONAL INVESTIGATION
    Macroeconomic Dynamics, 2016, 20, (02), 558-581 Downloads View citations (3)
    See also Working Paper (2014)

2015

  1. Lessons from Schumpeterian Growth Theory
    American Economic Review, 2015, 105, (5), 94-99 Downloads View citations (6)
  2. Patent rights, product market reforms, and innovation
    Journal of Economic Growth, 2015, 20, (3), 223-262 Downloads View citations (3)
    See also Working Paper (2015)
  3. The Schumpeterian Growth Paradigm
    Annual Review of Economics, 2015, 7, (1), 557-575 Downloads View citations (2)

2014

  1. Adaptive consumption behavior
    Journal of Economic Dynamics and Control, 2014, 39, (C), 37-61 Downloads
    See also Working Paper (2009)

2013

  1. From Curiosity to Wealth Creation: How University Research can Boost Economic Growth
    C.D. Howe Institute Commentary, 2013, (383) Downloads View citations (1)
  2. Testing creative destruction in an opening economy
    The Economics of Transition, 2013, 21, (3), 419-450 Downloads

2012

  1. Comments on the paper. "Wage Formation, Investment Behavior and Growth Regimes: An Agent-Based Approach" by M. Napoletano, G. Dosi, G. Fagiolo and A. Roventini
    Revue de l'OFCE, 2012, N° 124, (5), 53a-55a Downloads
  2. Getting at Systemic Risk via an Agent-Based Model of the Housing Market
    American Economic Review, 2012, 102, (3), 53-58 Downloads View citations (39)
    See also Working Paper (2012)
  3. Macroeconomics in a Self-Organizing Economy
    Revue de l'OFCE, 2012, N° 124, (5), 43-65 Downloads View citations (2)
  4. Reply to Comments
    Revue de l'OFCE, 2012, N° 124, (5), 13a-14a Downloads
  5. What have central bankers learned from modern macroeconomic theory?
    Journal of Macroeconomics, 2012, 34, (1), 11-22 Downloads View citations (15)

2011

  1. Comment on "PSST: Patterns of Sustainable Specialization and Trade" (by Arnold Kling)
    Capitalism and Society, 2011, 6, (2), 1-12 Downloads
  2. The Relationship Between Health and Growth: When Lucas Meets Nelson-Phelps
    Review of Economics and Institutions, 2011, 2, (1) Downloads View citations (29)
    See also Working Paper (2010)

2010

  1. Le bénéfice de la santé. Un apport des théories de la croissance endogène
    Revue de l'OFCE, 2010, n° 112, (1), 87-108 Downloads

2009

  1. The Effects of Entry on Incumbent Innovation and Productivity
    The Review of Economics and Statistics, 2009, 91, (1), 20-32 Downloads View citations (149)
    See also Working Paper (2009)

2008

  1. Beyond DSGE Models: Toward an Empirically Based Macroeconomics
    American Economic Review, 2008, 98, (2), 236-40 Downloads View citations (62)
    See also Working Paper (2008)

2007

  1. Accounting for Trends in Productivity and R&D: A Schumpeterian Critique of Semi-Endogenous Growth Theory
    Journal of Money, Credit and Banking, 2007, 39, (4), 733-774 Downloads View citations (108)
  2. Capital, innovation, and growth accounting
    Oxford Review of Economic Policy, 2007, 23, (1), 79-93 Downloads View citations (21)
  3. Edmund Phelps: Macroeconomist and Social Scientist
    Scandinavian Journal of Economics, 2007, 109, (2), 203-224 Downloads View citations (1)
  4. Innovation, Competition and Growth: A Schumpeterian Perspective on Canada’s Economy
    C.D. Howe Institute Commentary, 2007, (246) Downloads
  5. Vers une macroéconomie fondée sur des agents autonomes et intelligents
    Revue de l'OFCE, 2007, n° 102, (3), 55-78 Downloads View citations (1)

2006

  1. Joseph Schumpeter Lecture Appropriate Growth Policy: A Unifying Framework
    Journal of the European Economic Association, 2006, 4, (2-3), 269-314 Downloads View citations (106)
  2. The Microfoundations of the Keynesian Multiplier Process
    Journal of Economic Interaction and Coordination, 2006, 1, (1), 33-44 Downloads View citations (16)
  3. U-shaped relationship between vertical integration and competition: Theory and evidence
    International Journal of Economic Theory, 2006, 2, (3-4), 351-363 Downloads View citations (7)
  4. Vertical Integration and Competition
    American Economic Review, 2006, 96, (2), 97-102 Downloads View citations (15)

2005

  1. BEYOND SEARCH: FIAT MONEY IN ORGANIZED EXCHANGE
    International Economic Review, 2005, 46, (2), 405-429 Downloads View citations (32)
  2. Competition and Innovation: an Inverted-U Relationship
    The Quarterly Journal of Economics, 2005, 120, (2), 701-728 Downloads View citations (850)
    See also Working Paper (2005)
  3. R&D, Implementation, and Stagnation: A Schumpeterian Theory of Convergence Clubs
    Journal of Money, Credit and Banking, 2005, 37, (1), 147-77 View citations (129)
    See also Working Paper (2002)
  4. The Effect of Financial Development on Convergence: Theory and Evidence
    The Quarterly Journal of Economics, 2005, 120, (1), 173-222 Downloads View citations (262)
    See also Working Paper (2005)

2004

  1. Endogenous Growth, Productivity and Economic Policy: A Progress Report
    International Productivity Monitor, 2004, 8, 3-15 Downloads View citations (7)
  2. Entry and Productivity Growth: Evidence from Microlevel Panel Data
    Journal of the European Economic Association, 2004, 2, (2-3), 265-276 Downloads View citations (101)
    See also Working Paper (2004)

2002

  1. General Purpose Technology and Wage Inequality
    Journal of Economic Growth, 2002, 7, (4), 315-45 Downloads View citations (54)
    See also Working Paper (2002)
  2. Looking Inside the Labor Market: A Review Article
    Journal of Economic Literature, 2002, 40, (1), 125-138 Downloads View citations (68)
  3. The Research Agenda: Schumpeterian Growth Theory
    EconomicDynamics Newsletter, 2002, 3, (2) Downloads View citations (1)
  4. Wage Inequality and the New Economy
    Oxford Review of Economic Policy, 2002, 18, (3), 306-323 View citations (21)

2001

  1. Competition, Imitation and Growth with Step-by-Step Innovation
    Review of Economic Studies, 2001, 68, (3), 467-492 Downloads View citations (244)
    See also Working Paper (2001)

2000

  1. Endogenous Growth and Cross-Country Income Differences
    American Economic Review, 2000, 90, (4), 829-846 Downloads View citations (217)
  2. The emergence of economic organization
    Journal of Economic Behavior & Organization, 2000, 41, (1), 55-84 Downloads View citations (48)

1999

  1. On the Macroeconomic Effects of Major Technological Change
    Nordic Journal of Political Economy, 1999, 25, 15-32 Downloads View citations (3)
    Also in Annals of Economics and Statistics, 1998, (49-50), 53-75 (1998) Downloads View citations (8)
  2. Steady Endogenous Growth with Population and R & D Inputs Growing
    Journal of Political Economy, 1999, 107, (4), 715-730 Downloads View citations (204)

1998

  1. Capital Accumulation and Innovation as Complementary Factors in Long-Run Growth
    Journal of Economic Growth, 1998, 3, (2), 111-30 Downloads View citations (80)
  2. Market Structure and the Growth Process
    Review of Economic Dynamics, 1998, 1, (1), 276-305 Downloads View citations (20)

1997

  1. Ajustement macroéconomique aux technologies multi-usages
    L'Actualité Economique, 1997, 73, (4), 575-593 Downloads
  2. Alternative strategies for aggregating prices in the CPI - commentary
    Review, 1997, (May), 139-141 Downloads

1996

  1. Research and Development in the Growth Process
    Journal of Economic Growth, 1996, 1, (1), 49-73 View citations (65)
  2. The Observational Implications of Schumpeterian Growth Theory
    Empirical Economics, 1996, 21, (1), 13-25 View citations (13)

1995

  1. The political economy of inaction
    Journal of Public Economics, 1995, 56, (3), 329-353 Downloads View citations (33)

1994

  1. Adjusting to Technological Change
    Canadian Journal of Economics, 1994, 27, (4), 763-75 Downloads View citations (12)
  2. Growth and Unemployment
    Review of Economic Studies, 1994, 61, (3), 477-494 Downloads View citations (226)
    See also Working Paper (1991)

1992

  1. A Model of Growth through Creative Destruction
    Econometrica, 1992, 60, (2), 323-51 Downloads View citations (2447)
    See also Working Paper (1992)
  2. Animal Spirits
    American Economic Review, 1992, 82, (3), 493-507 Downloads View citations (69)
    See also Working Paper (1990)
  3. Interest Rate Control and Nonconvergence to Rational Expectations
    Journal of Political Economy, 1992, 100, (4), 776-800 Downloads View citations (53)

1991

  1. The Genesis of Inflation and the Cost of Disinflation: Comment
    Journal of Money, Credit and Banking, 1991, 23, (3), 456-61 Downloads
  2. Unemployment: A symptom of stagnation or a side-effect of growth?
    European Economic Review, 1991, 35, (2-3), 535-541 Downloads View citations (10)

1989

  1. A note on uncertainty and the hotelling rule
    Journal of Environmental Economics and Management, 1989, 16, (1), 80-86 Downloads View citations (6)
  2. Gradual Reforms of Capital Income Taxation
    American Economic Review, 1989, 79, (1), 106-24 Downloads View citations (17)
    See also Working Paper (1989)
  3. Shozaburo Fujino, Money, Employment, and Interest:Towards a Reconstruction of Keynesian Economics
    Economic Review, 1989, 40, (4), 382-384

1988

  1. Business Cycles With Costly Search and Recruiting
    The Quarterly Journal of Economics, 1988, 103, (1), 147-165 Downloads View citations (26)
  2. Fiscal deficits, international trade and welfare
    Journal of International Economics, 1988, 24, (1-2), 1-22 Downloads View citations (6)
  3. Stability of Equilibria with Externalities
    The Quarterly Journal of Economics, 1988, 103, (2), 261-277 Downloads View citations (47)

1987

  1. Costly Search and Recruiting
    International Economic Review, 1987, 28, (1), 89-107 Downloads View citations (31)
  2. Disinflation and exchange rate stabilization: Canada, 1980-1985
    Journal of Policy Modeling, 1987, 9, (4), 637-660 Downloads View citations (1)

1986

  1. Conversations with economists: A review essay
    Journal of Monetary Economics, 1986, 18, (1), 103-118 Downloads
  2. The Keynesian Recovery
    Canadian Journal of Economics, 1986, 19, (4), 626-41 Downloads View citations (4)
  3. Wage Flexibility and Employment
    Eastern Economic Journal, 1986, 12, (3), 237-242 Downloads View citations (10)

1985

  1. Transaction Costs in the Theory of Unemployment
    American Economic Review, 1985, 75, (1), 88-100 Downloads View citations (36)

1984

  1. Information and Coordination: A Review Article
    Economic Inquiry, 1984, 22, (3), 429-46 View citations (1)

1983

  1. The Effects of Inflation on Real Interest Rates
    American Economic Review, 1983, 73, (5), 968-80 Downloads View citations (16)

1982

  1. Anti-inflation policy with a skeptical public: A comment on The Meyer-Webster paper
    Carnegie-Rochester Conference Series on Public Policy, 1982, 17, (1), 109-113 Downloads

1981

  1. Activist Monetary Policy under Rational Expectations
    Journal of Political Economy, 1981, 89, (2), 249-69 Downloads View citations (5)

1980

  1. Credit Rationing and Implicit Contract Theory
    Journal of Money, Credit and Banking, 1980, 12, (3), 471-87 Downloads View citations (61)
  2. Gross Substitutability with Multi-Valued Excess Demand Functions
    Econometrica, 1980, 48, (6), 1567-73 Downloads View citations (1)
  3. The theory of money: Jurg Niehans (The Johns Hopkins University Press, Baltimore and London, 1978) pp. xi + 312, $17.95
    Journal of Monetary Economics, 1980, 6, (2), 305-307 Downloads
  4. Utility Function Transformations and Money Illusion: A Further Comment
    American Economic Review, 1980, 70, (4), 819-22 Downloads View citations (2)
    Also in American Economic Review, 1980, 70, (4), 826-28 (1980) Downloads View citations (2)

1979

  1. Evaluating the Non-Market-Clearing Approach
    American Economic Review, 1979, 69, (2), 60-63 View citations (1)
  2. The Role of Speculation in Competitive Price-Dynamics
    Review of Economic Studies, 1979, 46, (4), 613-629 Downloads

1978

  1. The Limits to Stability of a Full-employment Equilibrium
    Scandinavian Journal of Economics, 1978, 80, (3), 265-82 View citations (7)
  2. The Transactions Theory of the Demand for Money: A Reconsideration
    Journal of Political Economy, 1978, 86, (3), 449-66 Downloads View citations (12)

1977

  1. Intertemporal Utility Maximization and the Timing of Transactions
    American Economic Review, 1977, 67, (2), 156-65 Downloads

1974

  1. Stability and the Quantity Theory
    Journal of Political Economy, 1974, 82, (1), 133-51 Downloads View citations (9)

Books

2009

  1. The Economics of Growth, vol 1
    MIT Press Books, The MIT Press View citations (268)
    Also in MIT Press Books, The MIT Press (2009) View citations (268)

1997

  1. Endogenous Growth Theory, vol 1
    MIT Press Books, The MIT Press View citations (116)

Edited books

1999

  1. Money, Markets and Method
    Books, Edward Elgar Publishing Downloads

Chapters

2014

  1. What Do We Learn From Schumpeterian Growth Theory?
    A chapter in Handbook of Economic Growth, 2014, vol. 2, pp 515-563 Downloads View citations (15)
    See also Working Paper (2013)

2008

  1. Macroeconomics with Intelligent Autonomous Agents
    Chapter 9 in Macroeconomics in the Small and the Large, 2008 Downloads View citations (5)

2006

  1. Coordination Issues in Long-Run Growth
    Chapter 35 in Handbook of Computational Economics, 2006, vol. 2, pp 1605-1624 Downloads

2005

  1. Growth with Quality-Improving Innovations: An Integrated Framework
    Chapter 02 in Handbook of Economic Growth, 2005, vol. 1, Part A, pp 67-110 Downloads View citations (68)
 
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