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Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (i) the positive association between parental income...
Persistent link: https://www.econbiz.de/10014255610
Persistent link: https://www.econbiz.de/10003899412
or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …
Persistent link: https://www.econbiz.de/10003728577
or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …
Persistent link: https://www.econbiz.de/10014215973
Labor market regulation can have harmful unintended consequences. In many markets, especially for public sector workers, pay is regulated to be the same for individuals across heterogeneous geographical labor markets. We would predict that this will mean labor supply problems and potential falls...
Persistent link: https://www.econbiz.de/10011071441
We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated workers. Using data on the US, Japan, and nine European countries from...
Persistent link: https://www.econbiz.de/10011234814
’en l’absence de concurrence suffisante, les entreprises sont peu incitées à générer de nouvelles rentes via l’innovation …
Persistent link: https://www.econbiz.de/10008924677
There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...
Persistent link: https://www.econbiz.de/10010745897
This paper describes and explains some of the principal trends in the wage and skilldistribution in recent decades. There have been sharp increases in wage inequality across theOECD, beginning with the US and UK at the end of the 1970s. A good fraction of thisinequality growth is due to...
Persistent link: https://www.econbiz.de/10010746536
OECD labor markets have become more “polarized” with employment in the middle of the skill distribution falling relative to the top and (in recent years) also the bottom of the skill distribution. We test the hypothesis of Autor, Levy, and Murnane (2003) that this is partly due to...
Persistent link: https://www.econbiz.de/10011071292