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Joseba Martinez

By this expert

Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence

Paper Conference paper | By Diego Anzoategui, Diego Comin, Mark Gertler, and Joseba Martinez | Dec 2017

We examine the hypothesis that the slowdown in productivity following the Great Recession was in significant part an endogenous response to the contraction in demand that induced the downturn.