During the last decade, policy-makers have increasingly devoted attention to the factors that influence the rate and direction of innovation. In particular, developments in the ICT sector have been discussed as a currently dominant source of both technological change and overall economic growth....

Der vorliegende Beitrag untersucht die Auswirkungen der Neuen Ökonomie auf den deutschen Arbeitsmarkt. Neue Berufsfelder weisen nach dieser Untersuchung eine große und zunehmende Bedeutung auf. Gekennzeichnet ist diese Entwicklung durch verstärkte Humankapital- und Flexibilitätsanforderungen...

The neoclassical growth accounting model used by the BLS to sort out the contributions of the various sources of growth in the U.S. economy accords a relatively small role to education. This result seems at variance with the revolution in information technology and the emergence of the...

Many college graduates find themselves underemployed or even unemployed because they lack necessary skills. Moreover, many firms are finding it difficult to thrive, or even survive, in the knowledge economy because they have not hired the right kind of employees. This paper describes six basic...

Leading empiricists and theorists of cities have recently argued that the generation and exchange of ideas must play a more central role in the analysis of cities. This paper develops the first system of cities model with costly idea exchange as the agglomeration force. Our model replicates a...