Similar Search Results

Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty and Risk

Gürkaynak, Refet S.; Wolfers, Justin - C.E.P.R. Discussion Papers - 2006

in surveys of professional forecasts survive in equilibrium, and that these markets are remarkably well calibrated …

Persistent link: https://www.econbiz.de/10005656457

Why are Some People (and Countries) More Protectionist than Others?

Mayda, Anna Maria; Rodrik, Dani - C.E.P.R. Discussion Papers - 2001

We analyse a rich cross-country data set that contains information on attitudes toward trade as well as a broad range of socio-demographic, and other, indicators. We find that pro-trade preferences are significantly and robustly correlated with an individual's level of human capital, in the...

Persistent link: https://www.econbiz.de/10005791973

Distributional Impact of Commodity Price Shocks: Australia over a Century

Bhattacharyya, Sambit; Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

. Using a GARCH model, we find that Australia experienced more volatility than many commodity exporting poor countries between …

Persistent link: https://www.econbiz.de/10011084231

Happiness and the Human Development Index: Australia is NOT a Paradox

Leigh, Andrew; Wolfers, Justin - C.E.P.R. Discussion Papers - 2006

level of both life satisfaction and happiness than Australia. Our findings accord with numerous cross-national surveys …In 'Happiness and the Human Development Index: The Paradox of Australia,' Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in …

Persistent link: https://www.econbiz.de/10005136466

The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...

Persistent link: https://www.econbiz.de/10005504210

To What Extent Should Less-Developed Countries Enforce Intellectual Property?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2004

countries (LDCs). It starts by discussing the consequences of IP enforcement in LDCs for global innovation and welfare in poorer …

Persistent link: https://www.econbiz.de/10005504337

Strategic Experimentation and Disruptive Technological Change

Schivardi, Fabiano; Schneider, Martin - C.E.P.R. Discussion Papers - 2005

This paper studies the diffusion of a new technology that is brought to market while its potential is still uncertain. We consider a dynamic game in which firms improve both a new and a rival old technology while learning about the relative potential of both technologies. We use the model to...

Persistent link: https://www.econbiz.de/10005504449

How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It will have different effects on firms' R&D incentives depending on whether firms license existing or future patents. Building on a model of a patent portfolio race, firms'...

Persistent link: https://www.econbiz.de/10005504462

Royalty Stacking in High Tech Industries: Separating Myth from Reality

Geradin, Damien; Layne-Farrar, Anna; Padilla, Atilano Jorge - C.E.P.R. Discussion Papers - 2007

A few recent contributions have claimed that in high-tech industries—where innovation is often cumulative and products … royalty stacking problem to exist: (a) innovation must be cumulative, so that the patents are complementary; (b) there must be …

Persistent link: https://www.econbiz.de/10005504558

Unions and Innovation: A Survey of the Theory and Empirical Evidence

Menezes-Filho, Naercio; Van Reenen, John - C.E.P.R. Discussion Papers - 2003

This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices …&D, innovation, technological diffusion and productivity growth. North American results find consistently strong and negative impacts …

Persistent link: https://www.econbiz.de/10005504563