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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … hiring and training response is quicker than the wage response. We also observe in time series that the pace of technology … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …
Persistent link: https://www.econbiz.de/10012470933
This paper studies the role of technology in local-government tax collection capacity in the developing world. We first … conduct a new census of all local governments in Ghana to document a strong association between technology use and property … tax billing, collection and enforcement. We then randomize the use of a new revenue collection technology within one large …
Persistent link: https://www.econbiz.de/10013191018
We show how to use field-programmable gate arrays (FPGAs) and their associated high-level synthesis (HLS) compilers to solve heterogeneous agent models with incomplete markets and aggregate uncertainty (Krusell and Smith, 1998). We document that the acceleration delivered by one single FPGA is...
Persistent link: https://www.econbiz.de/10013191031
which "experience"on a technology (proxied by the mean age of the capital stock) enters "non-neutrally." Our specification … technology embodied therein) ages. According to our estimates, the education-distribution of employment depends more strongly on …
Persistent link: https://www.econbiz.de/10012477361
that Japan is not spending much on basic technology development cannot be empirically substantiated from the study of the … technology.The second part of the paper is to show how two countries, one with heavy R&D activities in basic technology (the U ….S.A.)and the other with heavy R&D activities in applied technology(Japan), can compete in the world market with their productivity …
Persistent link: https://www.econbiz.de/10012477573
This paper studies the effects of university STEM education on innovation and labor market outcomes by exploiting a change in enrollment requirements in Italian STEM majors. University-level scientific education had two direct effects on the development of patents by students who had acquired a...
Persistent link: https://www.econbiz.de/10012479878
and technology differences across both goods and production stages. We estimate technology and trade costs via the …
Persistent link: https://www.econbiz.de/10012479967
technology was a major part of the government response. The U.S. Office of Scientific Research and Development (OSRD) led a major …
Persistent link: https://www.econbiz.de/10012482128