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Trade Induced Technical Bias And Wage Inequalities: A Theory Of Defensive Innovations

Thoenig, Mathias; Verdier, Thierry - C.E.P.R. Discussion Papers - 2000

This paper considers a dynamic North South model of international trade and innovations in which firms can endogenously bias the direction of technological change. We show that, when there is a differential degree of protection of property rights between the two regions, innovating firms face a...

Persistent link: https://www.econbiz.de/10005114403

Growth and Unemployment

Aghion, Philippe; Howitt, Peter - C.E.P.R. Discussion Papers - 1991

introduction of new technologies, which require labour re-allocation for their implementation. Using a variant of the search theory …

Persistent link: https://www.econbiz.de/10005656258

Growth, Trade, and Inequality

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2014

We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...

Persistent link: https://www.econbiz.de/10011083890

Migration, the Quality of the Labour Force and Economic Inequality

Kahanec, Martin; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10005791628

Inequality of Earnings

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...

Persistent link: https://www.econbiz.de/10005792213

Pricing Policy Under Double Market Power: Madagascar and the International Vanilla Market

de Melo, Jaime; Olarreaga, Marcelo; Takacs, Wendy E - C.E.P.R. Discussion Papers - 1996

revenue gains and losses and internal redistribution of income from alternative pricing policies. The results indicate that …

Persistent link: https://www.econbiz.de/10005123561

From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001

Bach, Stefan; Corneo, Giacomo; Steiner, Viktor - C.E.P.R. Discussion Papers - 2007

We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of an integrated data set of individual tax returns and the German Socio-Economic Panel. The unique feature of this integrated data set is that it encompasses the whole spectrum of...

Persistent link: https://www.econbiz.de/10005124248

Aggregate Implications of Wealth Redistribution: The Case of Inflation

Doepke, Matthias; Schneider, Martin - C.E.P.R. Discussion Papers - 2006

This paper shows that a zero-sum redistribution of wealth within a country can have persistent aggregate effects …. Motivated by the case of an unanticipated inflation episode, we consider redistribution shocks that shift resources from old to …

Persistent link: https://www.econbiz.de/10005498105

Real Effects of Inflation Through the Redistribution of Nominal Wealth

Doepke, Matthias; Schneider, Martin - C.E.P.R. Discussion Papers - 2005

redistribution brought about by a moderate inflation episode. Redistribution takes the form of 'ends-against-the-middle': the middle … calibrated OLG model is used to assess the macroeconomic implications of this redistribution under alternative fiscal policy … rules. We show that inflation-induced redistribution has a persistent negative effect on output, but improves the weighted …

Persistent link: https://www.econbiz.de/10005789015

Inflation as a Redistribution Shock: Effects on Aggregates and Welfare

Doepke, Matthias; Schneider, Martin - C.E.P.R. Discussion Papers - 2006

to borrowers. In this study, we consider redistribution as a channel for aggregate and welfare effects of inflation. We …-generations model of the U.S. economy. While the redistribution shock is zero sum, households react asymmetrically, mostly because … increase in savings. Even though inflation-induced redistribution has a persistent negative effect on output, it improves the …

Persistent link: https://www.econbiz.de/10005114251