Cozzi, Guido; Impullitti, Giammario - Department of Economics, Adam Smith Business School - 2008
&D-driven growth theory, heteregeneous industries, fiscal policy composition,
innovation policy, wage inequality, educational choice.
1 … the relevance of the fiscal policy channel in the
debate on technical change and wage inequality in the U.S. These two …,1] and t≥ 0. (7)
Our fiscal policy tool will be sector specific per-capita public spendingG(ω,t) ≥ 0, for allω ∈ [0,1]
and t …