innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Does regulation affect the pace and nature of innovation and if so, by how much? We builda tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss.Four-fifths of this loss is due to lower innovation … forchanges in the direction of R&D, and find that regulation's negative effects only matter forincremental innovation (as …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

We find that greater institutional ownership is associated with more innovation. To explore the mechanism, we contrast … the "lazy manager" hypothesis with a model where institutional owners increase innovation incentives through reducing …, and disaggregating by type of institutional owner, we argue that the effect of institutions on innovation is causal. (JEL …

information at the firm-level, we show that the output shock is detrimental to firms' sales, employment, and innovation. Moreover … significant - of the input supply shock on firms' sales, employment and innovation …