发帖
雷达卡
1 论文标题
Asymmetric Growth and Institutions in an Interdependent World
2 作者信息
Daron Acemoglu
3 出处和链接（比如，NBER working paper No.11000）
http://www.journals.uchicago.edu/doi/pdfplus/10.1086/693038
4 摘要
We present a model of technologically interconnected countries that benefit and potentially contribute to advances in the world technology frontier. Greater inequality between successful and unsuccessful entrepreneurs increases entrepreneurial effort and a country’s contribution to that frontier. Under plausible assumptions, the world equilibrium is asymmetric, involving different economic institutions and technology levels for different countries. Some countries become technology leaders and opt for a type of “cutthroat” capitalism with greater inequality and innovations, while others free ride on the cutthroat incentives of the leaders and choose a more “cuddly” form of capitalism with greater social insurance for entrepreneurs.
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