Showing 511 - 520 of 1,863
In the US and many other OECD countries, expenditures for defense-related R&D represents a key policy channel through which governments shape innovation, and dwarf all other public subsidies for innovation. We examine the impact of government funding for R&D - and defense-related R&D in...
Persistent link: https://www.econbiz.de/10012858808
In the US and many other OECD countries, expenditures for defense-related R&D represent a key policy channel through which governments shape innovation, and dwarf all other public subsidies for innovation. We examine the impact of government funding for R&D – and defense-related R&D in...
Persistent link: https://www.econbiz.de/10012859282
This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of credit contracts with moral hazard, we show that a firm's probability of default is a sufficient statistic for capital allocation. The theoretical framework suggests an aggregate...
Persistent link: https://www.econbiz.de/10012479210
In the US and many other OECD countries, expenditures for defense-related R&D represent a key policy channel through which governments shape innovation, and dwarf all other public subsidies for innovation. We examine the impact of government funding for R&D - and defense-related R&D in...
Persistent link: https://www.econbiz.de/10012480426
Adoption of health information and communication technologies ("HICT") has surged over the past two decades. We survey the medical and economic literature on HICT adoption and its impact on clinical outcomes, productivity and labor. We find that HICT improves clinical outcomes and lowers...
Persistent link: https://www.econbiz.de/10012629438
Persistent link: https://www.econbiz.de/10012696147
Persistent link: https://www.econbiz.de/10012623740
This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of credit contracts with moral hazard, we show that a firm's probability of default is a sufficient statistic for capital allocation. The theoretical framework suggests an aggregate...
Persistent link: https://www.econbiz.de/10012241111
Persistent link: https://www.econbiz.de/10012195657
Persistent link: https://www.econbiz.de/10012196328