Motivated by growth models based on the variety of capital goods, recent empirical studies have established links between productivity and several trade-based measures of product variety, carrying the implication that these measures may represent technology. We study this implication by...

Law can advance or retard the distributive effects of innovation and its diffusion in many ways. Certain technologies merit special monitoring because they promote the leveraging of economic advantage into social or cultural advantage without substantially increasing overall social welfare....

For all intents and purposes, we educate our children in much the same way as we did a century ago. Despite our stubborn attachment to an instructional model from a bygone era, technology is set to revolutionize the learning process. Examples include interactive lessons that adapt to a specific...

We distinguish learning in a static environment from that in a dynamic environment to show the existence of an important interaction between the development of new technologies and human capital accumulation. Since technological progress creates a more dynamic and uncertain environment, it not...

Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...

The political project of the current presidential term (1999-2013), introduces the concept of participatory democracy, as part of a new management model, in which citizens also have rights, duties also in the search for efficiency through decisions. (Constitution, Official Gazette, No. 5433) The...

Developed and less developed countries differ in numerous ways. Incomes per head are different, capital stocks are different, the levels of education of their citizens differ. Whether a cause or consequence of these differences, some of the most salient differences are related to technological...

Technology is a source of risk. Not only because it often has unintended consequences, but also because accelerating technological change creates compound risks resulting from multiple interacting technologies. More importantly, a fast changing technological environment introduces additional...

Self-replicating technologies pose a challenge to the legal regimes we ordinarily rely on to promote a balance between innovation and competition. This article examines recent efforts by the federal courts to deal with the leading edge of this policy challenge in cases involving the...

To study the short-run and long-run implications on wage inequality, we introduce directed technical change into a Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced from a continuum of intermediates (tasks). Some of...