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Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Youth Unemployment and Government Policy

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This paper discusses how employment vouchers should depend on age in a simple overlapping generations model in which workers are either young or old. We find that young workers should receive higher vouchers as displacement of the old rises and as the deadweight loss from providing vouchers to...

Persistent link: https://www.econbiz.de/10005792290

A Macro Theory of Employment Vouchers

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the optimal design of subsidies for hiring unemployed workers (‘employment vouchers’ for short) in the context of a simple macroeconomic model of the labour market. Focusing on the short-term and long-term effects of the vouchers on employment and unemployment, the...

Persistent link: https://www.econbiz.de/10005497832

Incapacity Benefits versus Benefit Transfers

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

The paper explores the employment implications of allowing people the opportunity of using a portion of their incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this policy could increase employment, raise the incomes of...

Persistent link: https://www.econbiz.de/10005497853

Trade Dynamics with Sector-Specific Human Capital

Guren, Adam; Hemous, David; Olsen, Morten - C.E.P.R. Discussion Papers - 2014

This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...

Persistent link: https://www.econbiz.de/10011083566

The Environment and Directed Technical Change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011

dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …

Persistent link: https://www.econbiz.de/10009365645

R&D, Socio-Economic Conditions and Regional Innovation in the United States

Crescenzi, Riccardo; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012

This paper looks at the genesis of innovation in the United States from a territorial perspective. The analysis aims to … disentangle the impact of local R&D expenditure from other contextual conditions supportive of the process of innovation …. Particular emphasis is devoted to the role of socio-economic factors and systems of innovation conditions (‘social filter …

Persistent link: https://www.econbiz.de/10011083285

The Territorial Dynamics Of Innovation In China And India

Crescenzi, Riccardo; Rodriguez-Pose, Andres; Storper, … - C.E.P.R. Discussion Papers - 2012

and technology. Indian innovation hubs also generate positive knowledge spillovers to other regions. …This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …

Persistent link: https://www.econbiz.de/10011083752

Do inventors talk to strangers? On proximity and collaborative knowledge creation

Crescenzi, Riccardo; Nathan, Max; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013

This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...

Persistent link: https://www.econbiz.de/10011084309

Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies

Hemous, David - C.E.P.R. Discussion Papers - 2013

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...

Persistent link: https://www.econbiz.de/10011084402