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Are Intellectual Property Rights Unfair?
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10005791837
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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
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Growth, Trade, and Inequality
Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2014
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ …
Persistent link: https://www.econbiz.de/10011083890
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Innovation in Cities: Science-Based Diversity, Specialization and Localized Competition
Audretsch, David B; Feldman, Maryann P - C.E.P.R. Discussion Papers - 1998
effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …
Persistent link: https://www.econbiz.de/10005662217
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Agglomeration and the Location of Innovative Activity
Audretsch, David B - C.E.P.R. Discussion Papers - 1998
Only a few years ago the conventional wisdom predicted that globalization would render the demise of the region as a meaningful unit of economic analysis. Yet the obsession of policy-makers around the globe to 'create the next Silicon Valley' reveals the increased importance of geographic...
Persistent link: https://www.econbiz.de/10005661735
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The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality
Hemous, David; Olsen, Morten - C.E.P.R. Discussion Papers - 2014
We construct an endogenous growth model of directed technical change with automation (the introduction of machines … which replace low-skill labor and complement high-skill labor) and horizontal innovation (the introduction of new products … are low, which induces little automation, such that income inequality and labor's share of GDP are constant. Second, as …
Persistent link: https://www.econbiz.de/10011084688
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Income Distribution and Housing Prices: An Assignment Model Approach
Määttänen, Niku; Terviö, Marko - C.E.P.R. Discussion Papers - 2010
We present a framework for studying the relation between the distribution of income and the distribution of housing prices that is based on an assignment model of households with heterogeneous incomes and houses of heterogeneous quality. The equilibrium distribution of prices depends on both...
Persistent link: https://www.econbiz.de/10008466339
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Flat Tax Reforms in the US: A Boon for the Income Poor
Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006
In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...
Persistent link: https://www.econbiz.de/10005662104
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Social Mobility and the Demand for Redistribution: the POUM Hypothesis
Bénabou, Roland; Ok, Efe A - C.E.P.R. Discussion Papers - 1998
Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain why democracies do not engage in large-scale...
Persistent link: https://www.econbiz.de/10005662178
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Economic Aspects of Human Cloning and Reprogenetics
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2002
This Paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyse the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human cloning for different motives, focusing on...
Persistent link: https://www.econbiz.de/10005666464