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Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 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/10011398011

Return, circular, and onward migration decisions in a knowledge society

Constant, Amelie - 2019

This chapter provides a state-of-the-art literature review about research that aims to explain the return, repeat, circular and onward migration of the highly-skilled migrants around the world. After it describes the status quo in the knowledge economy and the international race for talent, it...

Persistent link: https://www.econbiz.de/10012119524

Generative AI and the nature of work

Hoffmann, Manuel; Boysel, Sam; Nagle, Frank; Peng, Sida; … - 2024 - This version: October 27, 2024

Recent advances in artificial intelligence (AI) technology demonstrate considerable potential to complement human capital intensive activities. While an emerging literature documents wide-ranging productivity effects of AI, relatively little attention has been paid to how AI might change the...

Persistent link: https://www.econbiz.de/10015125357

Who stands on the shoulders of Chinese (scientific) giants? : evidence from chemistry

Qiu, Shumin; Steinwender, Claudia; Azoulay, Pierre - 2023

In recent decades, Chinese researchers have become preeminent contributors to the scientific enterprise, as reflected by the number of publications originating from Chinese research institutions. China's rise in science has the potential to push forward the global frontier, but mere production...

Persistent link: https://www.econbiz.de/10013489712

Technological innovations and workers' job insecurity : the moderating role of firm strategies

Caselli, Mauro; Fracasso, Andrea; Marcolin, Arianna; … - 2023

of job loss vary according to the innovation-related strategies adopted by firms. We take advantage of a unique dataset …

Persistent link: https://www.econbiz.de/10014391309

Trade, innovation and optimal patent protection

Hémous, David; Lepot, Simon; Sampson, Thomas; … - 2023

This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative research. Our application delivers three main results. First, the potential...

Persistent link: https://www.econbiz.de/10014431300

Mind the knowledge gap! : the origins of declining business dynamism in a macro agent-based model

Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023

In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...

Persistent link: https://www.econbiz.de/10014383652

Tickets to the global market : first US patent awards and Chinese firm exports

Gong, Kaiji; Li, Yao; Manova, Kalina; Sun, Stephen Teng - 2023

constraints or the promotion of follow-on innovation. …

Persistent link: https://www.econbiz.de/10014434285

Industrial policy in times of market power

Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2024

knowledge diffusion measures and therefore ensuring that innovation and competition policies advance together. …

Persistent link: https://www.econbiz.de/10015154461

Innovation and startup acquisition

Bourreau, Marc; Gautier, Axel - 2024

cost of failure in innovation, and a competition effect, which diminishes the returns to innovation. The magnitude of these …. We show that allowing acquisitions stimulates platform innovation, but at the cost of a more concentrated market … investigate how the merger regime influences the direction of the startup’s innovation. …

Persistent link: https://www.econbiz.de/10015164657