We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 …-based aggregate innovation index, declines by up to 9 percent in the following 2 to 4 years. Based on previous estimates of the … sensitivity of output to innovation activities, these magnitudes imply that output could be 1 percent lower after another 5 years …

We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …

We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and …

We investigate women's fertility, labor and marriage market responses to a health innovation that led to reductions in …

emissions and more green innovation. This comes at the cost of a fall in economic activity, which is borne unequally across …