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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/10011401020

Defensive Innovations

Koeniger, Winfried - 2002

Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...

Persistent link: https://www.econbiz.de/10011406885

Innovation, inequality and a golden rule for growth in an economy with Cobb-Douglas function and an R&D sector

Welfens, Paul J. J. - 2015

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Persistent link: https://www.econbiz.de/10010510592

Human resources and innovation : total factor productivity and foreign human capital

Fassio, Claudio; Kalantaryan, Sona; Venturini, Alessandra - 2015

The objective of this paper is to analyse the role of migrants in innovation in Europe. We use Total Factor … Productivity as a measure of innovation and focus on the three largest European countries - France, Germany and the United Kingdom … migration and innovation at the sectoral level. This allows us to measure the direct contribution of migrants in the sector in …

Persistent link: https://www.econbiz.de/10011348305

Inputs, incentives, and self-selection at the workplace

Amodio, Francesco; Martinez-Carrasco, Miguel A. - 2019

This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at the workplace. Using daily records from a Peruvian egg production plant, we exploit a sudden change in the worker salary structure and find that workers' effort, firm profits,...

Persistent link: https://www.econbiz.de/10012147088

Coordination under the shadow of career concerns

Koch, Alexander K.; Morgenstern, Albrecht - 2009

To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...

Persistent link: https://www.econbiz.de/10003816581

Financial constraints and innovation : why poor countries don’t catch up

Gorodnichenko, Yuriy; Schnitzer, Monika - 2010

's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. -- Innovation …

Persistent link: https://www.econbiz.de/10003941706

Welfare analysis in a Schumpeterian growth model with capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10011401108

How much does immigration boost innovation?

Hunt, Jennifer (contributor); … - 2009

We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual … subsequent national increase in skilled immigrants from these regions. -- Immigration ; innovation …

Persistent link: https://www.econbiz.de/10003793955

Heterogeneity of skill needs and job complexity : evidence from the OECD PIAAC survey

Pouliakas, Konstantinos; Russo, Giovanni - 2015

We use information from the new OECD Survey of Adult Skills (PIAAC) to investigate the link between job tasks and cognitive skill demand in 22 advanced economies. Skill demand is operationalized by the assessed literacy and numeracy skills of workers with well-matched skills to their job duties....

Persistent link: https://www.econbiz.de/10011347287

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