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their effects on innovation, several merger proposals have been challenged due to their adverse innovation effects. In a … desirability of merger may depend on the effectiveness of the patent system and the cost of innovation. …
Persistent link: https://www.econbiz.de/10011278659
may not be the equilibrium outcome in the presence of licensing. Depending on the cost of innovation, licensing may either …
Persistent link: https://www.econbiz.de/10008500621
This paper examines the volatility of remittance flows to Pakistan using the ARCH model. We find overall remittances to be stable, whereas those from the Middle East and North America are relatively volatile, owing to fluctuations in the output of the host economies and the migrants' profile....
Persistent link: https://www.econbiz.de/10008838389
This paper examines the relationship between migrants remittances and the prevalence of child labor by using a large sample of developing countries. In particular, we investigate whether the inflow of remittances helps to offset the effects of financial constraints and income shocks on the...
Persistent link: https://www.econbiz.de/10008562973
We present results from quantitative exercises using the Lucas and Romer endogenous growth models, from which we calculate welfare losses from the distortions presented in the Romer model. Moreover, comparing the models to data, we show that an economy governed by the Romer model would attain a...
Persistent link: https://www.econbiz.de/10008490316
This paper examines the relationship between migrants remittances and the prevalence of child labor by using a large sample of developing countries. In particular, we investigate whether the inflow of remittances helps to offset the effects of financial constraints and income shocks on the...
Persistent link: https://www.econbiz.de/10010835779