This paper discusses a set of statistics for examining and comparing labor market dynamicsbased on the estimation of continuous time Markov transition processes. It then uses these toestablish stylized facts about dynamic patterns of movement using panel data fromArgentina, Brazil and Mexico...

Previous research on optimal R&D subsidies has focussed on the long run.This paper characterizes the optimal time path of R&D subsidization in a semi-endogenous growth model, by exploiting a recently developed numerical method.Starting from the steady state under current R&D subsidization in the...