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A Schumpeterian Analysis of Deficit-Financed Dividend Tax Cuts
Peretto, Pietro F. - 2008
I propose a Schumpeterian analysis of the growth and welfare effects of a deficit-financed cut of the tax rate on distributed dividends. I find that income per capita growth initially accelerates and then decelerates, eventually converging to a long-run value lower than the starting one....
Persistent link: https://www.econbiz.de/10012723109
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Foreign Direct Investment and Productivity Growth : A Survey of Theory
Ferrett, Ben - 2005
This paper analyses several theoretical perspectives on the relationship between foreign direct investment (FDI) flows and 'productivity growth', interpreted as growth in total factor productivity (TFP). We begin with general equilibrium models. An open economy version of Solow's famous (1956)...
Persistent link: https://www.econbiz.de/10012736471
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The Welfare Consequences of Irrational Exuberance : Stock Market Booms, Research Investment, and Productivity
Jerzmanowski, Michal - 2007
This paper studies the effects of stock market valuation on research investment, the rate of innovation and welfare. In … and raise the economy-wide investment in Ramp;D and the rate of innovation. If the decentralized equilibrium rate of … innovation is inefficiently low, then such episodes may lead to an increase in aggregate welfare even if the higher valuation is …
Persistent link: https://www.econbiz.de/10012776132
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International R&D Spillovers
Coe, David T. - 2006
A model is presented based on recent theories of economic growth that treat commercially oriented innovation efforts as …
Persistent link: https://www.econbiz.de/10012781649
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Crisi Internazionale E Crisi Nazionale (National and International Crises)
Ferrari, Sergio - 2018
performance is identified in the insufficient expenditure on research and development, which caused innovation to slow down …
Persistent link: https://www.econbiz.de/10012923661
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Innovations in forestry, wood processing and furniture manufacturing : scientific book
Pirc, Andreja (ed.); Jelačić, Denis (ed.) - 2017
Persistent link: https://www.econbiz.de/10012599532
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Management aspects in forestry and forest based industries : scientific book
Jelačić, Denis (ed.) - 2020
Persistent link: https://www.econbiz.de/10012599538
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Sustainability of forest-based industries in the global economy: International Conference on Wood Science and Technology, proceedings of scientific papers, Vikovci, Croatia, Septem...
Jelačić, Denis (ed.) - International Conference on Wood Science and Technology …; … - 2020
Persistent link: https://www.econbiz.de/10012599573
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I Don't Want to Hear About It : Rational Ignorance Among Duty-Oriented Consumers
Nyborg, Karine - 2008
Individuals with a preference for keeping moral obligations may dislike learning that voluntary contributions are socially valuable: Such information can trigger unpleasant feelings of cognitive dissonance. I show that if initial beliefs about the social value of contributions are sufficiently...
Persistent link: https://www.econbiz.de/10012723469
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The Propagation of Financial Extremes
Chollete, Lorán - 2008
What drives extreme economic events? Motivated by recent theory, and events in US subprime markets, we begin to open the black box of extremes. Specifically, we extend standard economic analysis of extreme risk, allowing for dynamics and endogeneity. We explain how endogenous extremes may arise...
Persistent link: https://www.econbiz.de/10012723707