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Competing engines of growth: Innovation and standardization
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction of new goods whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are …
Persistent link: https://www.econbiz.de/10010849616
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Equilibrium unemployment insurance
Hassler, John; Mora, José V. Rodríguez; Storesletten, … - Department of Economics and Business, Universitat … - 1998
In this paper, we incorporate a positive theory of unemployment insurance into a dynamic overlapping generations model with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical rational agents, but differing in the initial distribution...
Persistent link: https://www.econbiz.de/10005704937
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A positive theory of geographic mobility and social insurance
Hassler, John; Mora, José V. Rodríguez; Storesletten, … - Department of Economics and Business, Universitat … - 2001
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary effects of...
Persistent link: https://www.econbiz.de/10005827462
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External technology sources: Embodied or disembodied technology acquisition
Cassiman, Bruno; Veugelers, Reinhilde - Department of Economics and Business, Universitat … - 2000
This paper analyzes the choice between different innovation activities of a firm. In particular, we study the … technology acquisition decision of the firm, i.e. its technology BUY decision as part of the firm's innovation strategy. We take …
Persistent link: https://www.econbiz.de/10005704868
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Complementarity between technology make and buy in innovation strategies: Evidence from Belgiam manufacturing firms
Cassiman, Bruno; Veugelers, Reinhilde - Department of Economics and Business, Universitat … - 1998
This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the … innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat … Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and …
Persistent link: https://www.econbiz.de/10005771954
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Horizontal innovation in the theory of growth and development
Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2005
development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10005772070