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Minimum Wages and On-the-Job Training
Acemoglu, Daron; Pischke, Jörn-Steffen - Centre for Economic Performance, LSE - 2002
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10005016812
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Radical and incremental innovation : the roles of firms, managers, and innovators
Acemoglu, Daron; Akcigit, Ufuk; Çelik, Murat Alp - In: American economic journal 14 (2022) 3, pp. 199-249
Persistent link: https://www.econbiz.de/10013334882
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Innovation, Reallocation and Growth
Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 2013
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
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Transition to Clean Technology
Kerr, William; Acemoglu, Daron; Akcigit, Ufuk; Hanley, … - Harvard Business School, Harvard University - 2014
innovation. in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more … technologies. Carbon taxes and research subsidies may nonetheless encourage production and innovation in clean technologies, though …
Persistent link: https://www.econbiz.de/10011095220