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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005762377

Distribution & Growth in an Economy with Limited Needs

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001

This Paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005124380

Green innovations and organisational change: making better use of environmental technology

Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2012

The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...

Persistent link: https://www.econbiz.de/10011084545

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10005789082

A Microfoundation for Production Functions: Assignment of Heterogenous Workers to Heterogenous Jobs

Dupuy, Arnaud - Institute for the Study of Labor (IZA) - 2008

In very different fields of economics, economic inference and policy evaluation require economists to parametrize a production function that links measures of input factors to measures of output. While doing so, strong assumptions are implicitly made about microeconomic variables governing the...

Persistent link: https://www.econbiz.de/10005703309

The Assignment of Workers to Tasks, Wage Distribution and Technical Change: A Critical Review

Dupuy, Arnaud - Institute for the Study of Labor (IZA) - 2008

This paper reviews the literature on two-sided atomeless assignment models of workers to tasks. Using simple parametric examples, the fundamental differences between the comparative advantage and the scale of operations models are illustrated. Holding the distributions of abilities and tasks and...

Persistent link: https://www.econbiz.de/10005703721

Technology Transfer through Imports

Acharya, Ram C.; Keller, Wolfgang - C.E.P.R. Discussion Papers - 2007

While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor...

Persistent link: https://www.econbiz.de/10005124209

Smithian Growth through Creative Organization

Legros, Patrick; Newman, Andrew; Proto, Eugenio - C.E.P.R. Discussion Papers - 2006

We consider an endogenous growth model in which appropriate organization fosters innovation, but because of … level only to facilitate monitoring their workers. Whether there is innovation and growth depends on the interaction of the …, which discourages inventive activity. When there are many wealthy, the innovation market is large, but the rate of invention …

Persistent link: https://www.econbiz.de/10005136616