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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

Social Capital, Innovation and Growth: Evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

Persistent link: https://www.econbiz.de/10005703394

The Shift to Services: A Review of the Literature

Schettkat, Ronald; Yocarini, Lara - Institute for the Study of Labor (IZA) - 2003

The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ‘classics’, however (Fisher (1935),...

Persistent link: https://www.econbiz.de/10005233801

Political Institutions and the Development of Telecommunications

Andonova, Veneta; Diaz-Serrano, Luis - Institute for the Study of Labor (IZA) - 2007

It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality of countries’ political institutions. We estimate the effect of political institutions on the diffusion of three telecommunications services and find it to be much smaller in...

Persistent link: https://www.econbiz.de/10005703017

What Is the Value of Entrepreneurship? A Review of Recent Research

Praag, Mirjam van; Versloot, Peter H. - Institute for the Study of Labor (IZA) - 2007

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …

Persistent link: https://www.econbiz.de/10005822686

Immigration and Innovation in European Regions

Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2011

data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …

Persistent link: https://www.econbiz.de/10009003950

Can the University Save Europe?

Ritzen, Jo - Institute for the Study of Labor (IZA) - 2012

research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …

Persistent link: https://www.econbiz.de/10010556213

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - Institute for the Study of Labor (IZA) - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10010670827

Symbolic Values, Occupational Choice, and Economic Development

Corneo, Giacomo; Jeanne, Olivier - Institute for the Study of Labor (IZA) - 2007

Channeling human resources into the right occupations has historically been a key to economic prosperity. Occupational choices are not only driven by the material rewards associated with the various occupations, but also by the esteem that they confer. We propose a model of endogenous growth in...

Persistent link: https://www.econbiz.de/10005822996

Gone with the Storm: Rainfall Shocks and Household Well-Being in Guatemala

Baez, Javier E.; Lucchetti, Leonardo; Genoni, Maria Eugenia - Institute for the Study of Labor (IZA) - 2015

This paper investigates the causal consequences of Tropical Storm Agatha (2010) – the strongest tropical storm ever to strike Guatemala since rainfall records have been kept – on household welfare. The analysis reveals substantial negative effects, particularly among urban households. Per...

Persistent link: https://www.econbiz.de/10011149769