1. Go through all the arguments and formulae we have presented from the beginning of Section 3,...
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1. Go through all the arguments and formulae we have presented from the beginning of Section 3, and convince yourself that the first time something should be revised because of the government intervention described is in the formula for the capital value of a patent, (18), which should be changed to: (r- a)PA = (1 + r)n + !:iPA.
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Introducing Advanced Macroeconomics: Growth And Business Cycles
ISBN: 9783031200922
1st Edition
Authors: Peter Birch Sørensen, Hans Jørgen Whitta-Jacobsen
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