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Distribution & Growth in an Economy with Limited Needs

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001

This Paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005124380

Nursery Cities: Urban Diversity, Process Innovation, and the Life-Cycle of Products

Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2000

Why are some cities specialized and others diversified? What are the advantages and disadvantages of urban specialization and diversity? To what extent does the structure of cities, and the activities of firms and people in them, change over time? How does the sectoral composition of cities...

Persistent link: https://www.econbiz.de/10005791261

The Financing of Innovation: Learning and Stopping

Bergemann, Dirk; Hege, Ulrich - C.E.P.R. Discussion Papers - 2001

This Paper considers the financing of a research project under uncertainty about the time of completion and the probability of eventual success. The uncertainty about future success diminishes gradually with the arrival of additional funding. The entrepreneur controls the funds and can divert...

Persistent link: https://www.econbiz.de/10005791971

Strategic Experimentation and Disruptive Technological Change

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

. We consider a dynamic game in which firms improve both a new and a rival old technology while learning about the relative …

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

Creativity, cities and innovation

Lee, Neil; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013

occupations are also a fundamental, but overlooked, driver of innovation. Theory also suggests cities are important for both … the links between creative industries, occupations, cities and innovation at the firm level. This paper addresses this gap … driver of innovation. We find no support for the hypothesis that urban creative industries firms are particularly innovative …

Persistent link: https://www.econbiz.de/10011083220

The Effect of Financial Rewards on Students' Achievements: Evidence from a Randomized Experiment

Leuven, Edwin; Oosterbeek, Hessel; van der Klaauw, Bas - C.E.P.R. Discussion Papers - 2003

This Paper reports a randomized field experiment in which first year economics and business students at the University of Amsterdam could earn financial rewards for passing all first year requirements before the start of their second academic year. Participants were assigned to a high reward...

Persistent link: https://www.econbiz.de/10005662274

Heterogeneous Class Size Effects: New Evidence from a Panel of University Students

Bandiera, Oriana; Larcinese, Valentino; Rasul, Imran - C.E.P.R. Discussion Papers - 2009

Over the last decade, many countries have experienced dramatic increases in university enrolment, which, when not matched by compensating increases in other inputs, have resulted in larger class sizes. Using administrative records from a leading UK university, we present evidence on the effects...

Persistent link: https://www.econbiz.de/10008577807

Can a Small Nation Gain from Introducing a Carbon Tax Early?

Lund, Diderik - C.E.P.R. Discussion Papers - 1994

Carbon dioxide emissions may cause global warming. But own emissions have negligible effects for a small nation, which may thus regard carbon taxes as distortionary. Such taxes may have other effects, however. When research and development (R&D) has positive external effects, carbon taxes may...

Persistent link: https://www.econbiz.de/10005504735

Beat 'Em or Join 'Em?: Export Subsidies Versus International Research Joint Ventures in Oligopolistic Markets

Neary, J Peter - C.E.P.R. Discussion Papers - 1998

This paper compares adversarial with cooperative industrial and trade policies in a dynamic oligopoly game in which a home and foreign firm compete in R&D and output and, because of spillovers, each firm benefits from the other’s R&D. When the government can commit to an export subsidy, such a...

Persistent link: https://www.econbiz.de/10005114211

Geographic Localization of International Technology Diffusion

Keller, Wolfgang - C.E.P.R. Discussion Papers - 2001

Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...

Persistent link: https://www.econbiz.de/10005124371