Similar Search Results

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2005

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

Persistent link: https://www.econbiz.de/10005067475

Education and Invention

Toivanen, Otto; Väänänen, Lotta - C.E.P.R. Discussion Papers - 2011

Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...

Persistent link: https://www.econbiz.de/10009275968

The Tower of Babel in the Classroom: Immigrants and Natives in Italian Schools

Ballatore, Rosario Maria; Fort, Margherita; Ichino, Andrea - C.E.P.R. Discussion Papers - 2015

We exploit rules of class formation to identify the causal effect of increasing the number of immigrants in a classroom on natives test scores, keeping class size constant (Pure Composition Effect). We explain why this is a relevant policy parameter although it has been neglected so far. We show...

Persistent link: https://www.econbiz.de/10011145440

Segregation in Education and Labour Market Discrimination: The Role of Peer Beliefs

Levy, Gilat; Razin, Ronny - C.E.P.R. Discussion Papers - 2015

In this paper we examine the long term effects of socialization and segregation in schools, on labour market outcomes. We incorporate a model of “informational” peer influence by which beliefs of pupils are affected by exposure to other pupils’ posterior beliefs. Specifically, we focus on...

Persistent link: https://www.econbiz.de/10011165664

The Role of Social Networks and Peer Effects in Education Transmission

Bervoets, Sebastian; Calvó-Armengol, Antoni; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

We propose a dynastic model in which individuals are born in an educated or uneducated environment that they inherit from their parents. We study the role of social networks on the correlation in the parent-child educational status independent of any parent-child interaction. We show that the...

Persistent link: https://www.econbiz.de/10011084558

The Evolution of the Racial Gap in Education and the Legacy of Slavery

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout this period, despite evidence of convergence, the racial gap in attainment between blacks and whites has been persistently determined by the initial gap. We obtain these results...

Persistent link: https://www.econbiz.de/10009399722

The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

Persistent link: https://www.econbiz.de/10005504210

Intergenerational mobility in the United States and Great Britain: a comparative study of parent-child pathways

Blanden, Jo; Haveman, Robert; Smeeding, Timothy M.; … - London School of Economics (LSE) - 2014

We build on cross-national research to examine the relationships underlying estimates of relative intergenerational mobility in the United States and Great Britain using harmonized longitudinal data and focusing on men. We examine several pathways by which parental status is related to offspring...

Persistent link: https://www.econbiz.de/10011240196

Why are higher skilled workers more mobile geographically?: the role of the job surplus

Amior, Michael - London School of Economics (LSE) - 2015

The skill gap in geographical mobility is entirely driven by workers who report moving for a new job. A natural explanation lies in the large expected surplus accruing to skilled job matches. Just as large surpluses ease the frictions which impede job search in general, they also help overcome...

Persistent link: https://www.econbiz.de/10011206867

Keeping it Simple: Financial Literacy and Rules of Thumb

Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010

Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...

Persistent link: https://www.econbiz.de/10008611017