What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth? Uniquely combining microeconomics, macroeconomics, and theory with empirical analysis drawn from the United States and Europe,...

Why is Europe's employment rate almost 10 percent lower than that of the United States? This "jobs gap" has typically been blamed on the rigidity of European labor markets. But in Services and Employment, an international group of leading labor economists suggests quite a different explanation....

The paper explores the role of innovation in the determination of both net exports and export prices. The analysis is conducted for 36 industry groups covering both manufacturers and services in the UK. The data are annual time series and these are analysed using the techniques of cointegration...

This paper analyses the problem of the urban poor in India from a primarily macro-economic perspective, tracing the origins of their economic status to their low share in the factor earnings generated in individual industries. A macro-economic model then simulates the implications for them of a...

Part-time work among British women is extensive, and the (raw) pay penalty large. Since part-time work features most prominently when women are in their 30s, the peak childcare years and a crucial period for career building, its impact on subsequent earnings trajectories is important from a...