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Grossman, Gene; Helpman, Elhanan - National Bureau of Economic Research (NBER) - 1994

We survey research on the relationship between technology and trade. We begin with the old literature, which treated the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent research has attempted to endogenize technological progress...

Persistent link: https://www.econbiz.de/10005828618

International R&D Spillovers: A Re-Examination

Lichtenberg, Frank; Potterie, Bruno van Pottelsberghe de la - National Bureau of Economic Research (NBER) - 1996

Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...

Persistent link: https://www.econbiz.de/10005778346

The Area and Population of Cities: New Insights from a Different Perspective on Cities

Gabaix, Xavier; Rozenfeld, Hernán D.; Rybski, Diego; … - National Bureau of Economic Research (NBER) - 2009

constrains models of local growth. However, to this day, there is no consensus on the distribution below the very upper tail …

Persistent link: https://www.econbiz.de/10008628352

Smart Machines and Long-Term Misery

Kotlikoff, Laurence; Sachs, Jeffrey D. - National Bureau of Economic Research (NBER) - 2012

Are smarter machines our children's friends? Or can they bring about a transfer from our relatively unskilled children to ourselves that leaves our children and, indeed, all our descendants - worse off? This, indeed, is the dire message of the model presented here in which smart machines...

Persistent link: https://www.econbiz.de/10010951178

Algorithms and the Changing Frontier

Agwara, Hezekiah; Auerswald, Philip; Higginbotham, Brian - National Bureau of Economic Research (NBER) - 2014

We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...

Persistent link: https://www.econbiz.de/10011271463

Consumption over the Life Cycle and over the Business Cycle

Attanasio, Orazio; Browning, Martin - National Bureau of Economic Research (NBER) - 1993

sensitivity" of consumption growth to income growth. We do this using a time series of cross sections and a novel and flexible … and lifetime wealth. The main findings can be summarized as follows: (i) the excess sensitivity of consumption growth to …

Persistent link: https://www.econbiz.de/10005777683

Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey

Attanasio, Orazio; Weber, Guglielmo - National Bureau of Economic Research (NBER) - 1994

In this paper we show that some of the predictions of models of consumer intertemporal optimization are not inconsistent with the patterns of non-durable expenditure observed in US household-level data. Our results and our approach are new in several respects. First, we use the only US micro...

Persistent link: https://www.econbiz.de/10005588969

Risk Sharing, Inequality and Fertility

Jones, Larry E.; Hosseini, Roozbeh; Shourideh, Ali - National Bureau of Economic Research (NBER) - 2009

productivity, to study the efficient degree of consumption inequality in the long run. In our environment a utilitarian planner … allows for consumption inequality even when labor productivity is public information. We show that adding private information …

Persistent link: https://www.econbiz.de/10005036789

Information Technology and the Japanese Economy

Jorgenson, Dale; Motohashi, Kazuyuki - National Bureau of Economic Research (NBER) - 2005

In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on … contribution of total factor productivity growth from the IT sector in Japan also increased, while the contributions of labor input … and productivity growth from the Non-IT sector lagged far behind the United States. Our projection of potential economic …

Persistent link: https://www.econbiz.de/10005084656

The Intertemporal Allocation of Consumption: Theory and Evidence

Attanasio, Orazio - National Bureau of Economic Research (NBER) - 1994

Liquidity constraints and, more generally, imperfections in credit markets, can be extremely important for the intertemporal allocation of consumption and have received a substantial amount of attention in the theoretical and empirical literature on consumption. In the first part of the paper I...

Persistent link: https://www.econbiz.de/10005085310

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