Showing 1 - 10 of 88
This work studies the interactions between income distribution and monetary and fiscal policies in terms of ensuing dynamics of macro variables (GDP growth, unemployment, etc.) on the grounds of an agent-based Keynesian model. The direct ancestor of this work is the 'Keynes meeting Schumpeter'...
Persistent link: https://www.econbiz.de/10010328607
In this paper we discuss some of the monetary policy issues that have involved major central banks worldwide since the 2008 financial crisis, and which remain open. We provide an excursus of the unconventional monetary policies adopted by central banks in the last decade, focusing on the...
Persistent link: https://www.econbiz.de/10012060625
We extend the Schumpeter meeting Keynes (K+S; see Dosi et al., 2010, 2013, 2015) to model the emergence and the dynamics of an interbank network in the money market. The extended model allows banks to directly exchange funds, while evaluating their interbank positions using a network- based...
Persistent link: https://www.econbiz.de/10014541797
This paper investigates interbank market fragmentation that results from the bank-sovereign risk nexus. We focus on the Italian market fragmentation during the post-Lehman and sovereign debt crisis era. By using Italian bank and GIPSI country CDS spread changes, we suggest a new measure of...
Persistent link: https://www.econbiz.de/10011789746
This paper investigates interbank market fragmentation that results from the bank-sovereign risk nexus. We focus on the Italian market fragmentation during the post-Lehman and sovereign debt crisis era. By using Italian bank and GIPSI country CDS spread changes, we suggest a new measure of...
Persistent link: https://www.econbiz.de/10014235440
This paper examines the impact of robotisation on workplace safety in EU manufacturing sectors between 2011 and 2019. To address endogeneity concerns, we employ an instrumental variable approach and find that robot adoption reduces both injuries and fatalities. Specifically, a 10% increase in...
Persistent link: https://www.econbiz.de/10015209801
The recent surge of patent disputes plays an important role in discouraging firms from entering new technology domains (TDs). Using a large-scale dataset combining data from the EPO-PATSTAT database and ORBIS-IP and containing patents applied at EPO between 2000 and 2015, we construct a new...
Persistent link: https://www.econbiz.de/10013432928
Increasing evidence indicates that a large share of granted patents are ''undeserved'' because they do not meet the criteria of novelty or non-obviousness. In recent decades, many jurisdictions introduced patent reforms to avoid weak patent applications and improve legal patent quality. In...
Persistent link: https://www.econbiz.de/10014318969
What have we learned, from the most recent years of debate and analysis, of the future of work being threatened by technology? This paper presents a critical review of the empirical literature and outlines both lessons learned and challenges ahead. Far from being fully exhaustive, the review...
Persistent link: https://www.econbiz.de/10014318970
This paper provides a direct understanding of the twin transition from the innovative activity domain. It starts with a technological mapping of the technological innovations characterised by both climate change mitigation/adaptation (green) and labour-saving attributes. To accomplish the task,...
Persistent link: https://www.econbiz.de/10014541751