This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their …

In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …

and 30% to education signaling workers' ability …

up. In this signaling game, proposing (or getting married) is costly but can indicate strong love. The striking property … sufficiently large, the signaling mechanism breaks down, and only a pooling equilibrium in which fewer couples get married remains …

research is needed to elaborate the design of systems of public procurement of AI innovation and for appropriately adjusting … the legal frameworks underpinning high-tech innovation, in particular dealing with patents created by AI …