This study explores potential environmental impacts related to the use of biological resources to provide evidence of how bioeconomy innovations could support the reduction of the environmental footprint of the EU consumption, by substituting conventional (mainly fossil) materials, energy and...

We examine how firms respond to talent scarcity caused by restrictive immigration policies. We argue that when firms cannot build capabilities internally through hiring, they alter their boundaries by engaging in corporate acquisitions to make up for the foregone talent and capabilities. Using...

The transition to clean energy technologies requires increased amounts of critical raw materials. Advanced materials (materials rationally designed to have new or enhanced properties) can potentially reduce dependence on critical raw materials, ideally also providing superior performance,...

This paper compares inflation in true price indices to inflation in fixed-weight price indices. We construct model-based inflation measures in time-dependent pricing models that are analogous to measures of inflation in the data, e.g., the Consumer Price Index. In the standard new Keynesian...