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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector

Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2015

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Persistent link: https://www.econbiz.de/10011265664

Culture, Institutions and the Wealth of Nations

Gorodnichenko, Yuriy; Roland, Gerald - Institute for the Study of Labor (IZA) - 2010

-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

Persistent link: https://www.econbiz.de/10008680898

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

Religion and Innovation

Benabou, Roland; Ticchi, Davide; Vindigni, Andrea - Institute for the Study of Labor (IZA) - 2015

individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …

Persistent link: https://www.econbiz.de/10011265295

Product Market Regulation and Macroeconomic Performance: A Review of Cross Country Evidence

Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2005

of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …

Persistent link: https://www.econbiz.de/10005822371

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

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

Why Populist Democracy Promotes Market Liberalization

Grosjean, Pauline; Senik, Claudia - Institute for the Study of Labor (IZA) - 2008

Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy relies on the restriction of the sample to...

Persistent link: https://www.econbiz.de/10005822609

Engineers, Innovative Capacity and Development in the Americas

Maloney, William F.; Caicedo, Felipe Valencia - Institute for the Study of Labor (IZA) - 2014

Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...

Persistent link: https://www.econbiz.de/10010790517