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Orson Wells made Citizen Kane, his greatest movie, when he was 25 years old; Frank Lloyd Wright designed Fallingwater, his most famous house, when he was 70. Contrasts as great as this raise the question of whether there is a general explanation of when in their lives great innovators are most...
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top economics journal. This paper documents the slowdown and notes that a substantial part is due to an increasing … quality. Various time series are examined for evidence that the economics profession has changed along these dimensions. Paper … process. It is difficult to attribute much of the slowdown to observable changes in the economics profession. Evolving social …
Persistent link: https://www.econbiz.de/10012470946
This paper estimates the nature and magnitude of the local externalities from own industry scale, as envisioned by Marshall. Census panel data on individual plants in high-tech and machinery industries across up to 487 countries are utilized, to quantify the direct effects of local external...
Persistent link: https://www.econbiz.de/10012471426
In a standard two-sector neoclassical model with distortions, capital mobility can render the steady state indeterminate, in the sense that there exist infinitely many convergent paths. In the closed economy with no international capital mobility, the utility function must be linear or close to...
Persistent link: https://www.econbiz.de/10012471527
This paper develops a rent-protection theory of corporate ownership structure - and in particular, of the choice between concentrated and dispersed ownership of corporate shares and votes. The paper analyzes the decision of a company's initial owner whether to maintain a lock on control when the...
Persistent link: https://www.econbiz.de/10012471585
economics. We found that women in economics were 15% less likely to be promoted to associate professor after controlling for …
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economics journals, disaggregating by country/region, quality of journal, and fields of specialization. We document striking …
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