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three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …
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The long period of house price growth in markets across the world ended with the US and global financial crisis of 2007/08. The crisis and the consequent recession had profound effects on mortgage market actors – including households, institutions and governments – in most advanced...
Persistent link: https://www.econbiz.de/10010744864
We introduce a model of redistributive income taxation and public expenditure. Besides redistributing personal income by means of taxes and transfers, the government supplies goods and services. The government chooses the tax schedule that is found acceptable by the largest share possible of the...
Persistent link: https://www.econbiz.de/10010746059
During periods of strong economic growth, migration is and has always been important for filling gaps in the labour market. On balance, the evidence for the UK labour market suggests that fears about the consequences of rising immigration have been exaggerated. It is hard to find evidence of...
Persistent link: https://www.econbiz.de/10011125963
The ability of the next US president to rein in spending on healthcare and improve the productivity of the healthcare …
Persistent link: https://www.econbiz.de/10011126302
During periods of strong economic growth, migration is and has always been important for filling gaps in the labour market. On balance, the evidence for the UK labour market suggests that fears about adverse consequences of rising immigration in general and EU immigration in particular have...
Persistent link: https://www.econbiz.de/10011126637
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What factors underlie industry differences in research intensity and productivity growth? We develop a multisector … growth model using standard parameters to capture the main factors considered in the empirical R&D and productivity growth … literature. Along the balanced growth path, we find that the primary factor behind industry differences in productivity growth is …
Persistent link: https://www.econbiz.de/10010745293
growth of organization capital did not have significant effects on productivity growth. …
Persistent link: https://www.econbiz.de/10010746087