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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

20 Years of German Unification: Evidence on Income Convergence and Heterogeneity

Brück, Tilman; Peters, Heiko - Institute for the Study of Labor (IZA) - 2009

We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...

Persistent link: https://www.econbiz.de/10008565211

A Vibrant European Labor Market with Full Employment

Ritzen, Jo; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013

employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied …

Persistent link: https://www.econbiz.de/10010884389

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

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

Management Compensation and Firm-Level Income Inequality

Frederiksen, Anders; Poulsen, Odile - Institute for the Study of Labor (IZA) - 2008

In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...

Persistent link: https://www.econbiz.de/10005762227

The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - Institute for the Study of Labor (IZA) - 2014

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...

Persistent link: https://www.econbiz.de/10010959583

Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth

Campos, Nauro F.; Dimova, Ralitza; Saleh, Ahmad - Institute for the Study of Labor (IZA) - 2010

Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...

Persistent link: https://www.econbiz.de/10008742951