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The size of the middle class and educational outcomes: Theory and evidence from the Indian subcontinent

Prettner, Klaus; Seiffert, Sebastian - 2018

This paper proposes a stylised model to derive the effect of a sizeable middle class on average educational outcomes. Under reasonable assumptions, the model predicts that the spending share on education increases if the middle class becomes larger such that the size of the middle class has a...

Persistent link: https://www.econbiz.de/10011857126

R&D-based growth in the post-modern era

Strulik, Holger; Prettner, Klaus; Prskawetz, Alexia - 2010

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into an otherwise standard R&D-based growth model....

Persistent link: https://www.econbiz.de/10010352611

Within and Between Firm Trends in Job Polarization: Role of Globalization and Technology

Pekkala Kerr, Sari; Maczulskij, Terhi; Maliranta, Mika - 2016

This paper analyzes occupational polarization within and across firms using comprehensive matched employer-employee panel data from Finland. The occupational distribution in Finland has been polarizing over the last few decades, with mid-level production and clerical jobs eroding while low-skill...

Persistent link: https://www.econbiz.de/10012037594

Business Owners, Employees and Firm Performance

Maliranta, Mika; Nurmi, Satu - 2016

firm. This can be interpreted as evidence of knowledge spillover through labor mobility. Strikingly, firms established in …

Persistent link: https://www.econbiz.de/10012037595

Does gender of firm ownership matter? Female entrepreneurs and the gender pay gap

Kritikos, Alexander; Maliranta, Mika; Nippala, Veera; … - 2024

We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is - starting from a gender pay gap of 11 to 12 percent - two to...

Persistent link: https://www.econbiz.de/10014530291

Does gender of firm ownership matter? Female entrepreneurs and the gender pay gap

Kritikos, Alexander S.; Maliranta, Mika; Nippala, Veera; … - 2024

Persistent link: https://www.econbiz.de/10014514478

R&D-based growth in the post-modern era

Strulik, Holger; Prettner, Klaus; Prskawetz, Alexia - 2011

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate R&D-based growth into a unified growth setup with micro-founded fertility and schooling...

Persistent link: https://www.econbiz.de/10010310999

The past and future of knowledge-based growth

Strulik, Holger; Prettner, Klaus; Prskawetz, Alexia - 2012

Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century. In order to resolve this problem we integrate R&D-based...

Persistent link: https://www.econbiz.de/10010311668

Innovation, Firm Risk and Industry Productivity

Maliranta, Mika; Määttänen, Niku - 2014

Radical innovations require risk-taking. However, it is hard to find an objective measure for innovation investments … that would take riskiness into account. In this paper, we investigate how a simple measure of firms’ innovation investments …. We then build a simple model where firms’ innovation activities and firm risk are interrelated. We use the model to …

Persistent link: https://www.econbiz.de/10012037642

Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth

Kuhn, Michael; Prettner, Klaus - 2020

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...

Persistent link: https://www.econbiz.de/10012196440