This paper revisits the relationship between health and growth in light of modern endogenous growth theory. We propose a unified framework that encompasses the growth effects of both the rate of improvement of health and the level of health. Based on cross-country regressions over the period...

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian growth model is developed in which firms innovate ѳtep-by-stepҬ and where both technological leaders and their followers engage in R&D activities. In this model, competition...

This paper considers how competition can affect aggregate innovative activity through its effects on firms’ decision whether or not to vertically integrate. A moderate increase in competition enhances innovation incentives, too much competition discourages innovative effort. These effects...

How does firm entry affect innovation incentives in incumbent firms? Micro data suggest that there is heterogeneity across industries. Specifically, incumbent productivity growth and patenting is positively correlated with lagged greenfield foreign firm entry in technologically advanced...

This paper compares the results of an experiment conducted both in the laboratory and online with participants recruited from the same subject pool using the Trustlab platform. This platform has been used to obtain incentivized and internationally comparable behavioral economics measures of...

Depuis longtemps ce discours domine les media : les inégalités, à l'intérieur des pays comme entre les pays, ne cessent de croître. Il est tenu par beaucoup de journalistes, de militants antimondialistes, d'économistes et d'organisations internationales et il s'appuie sur une réalité :...

Nos simulations du document P25 sur l'évolution utilisées de l'inégalité mondiale de 1992 à 2030 reposent sur l'hypothèse que les distributions à l'intérieur des pays sont parfaitement stables depuis 1992. Nous avions repris pour toutes les années les distributions internes de 1992...

This paper derives original series of average years of schooling in the United States 1870-1930, which take into account the impact of mass migrations on the US educational level. We reconstruct the foreign-born US population by age and by country of origin, while combining data on the flow of...

In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, the United Kingdom and the United States). We build and estimate a dynamic stochastic search-matching model with...