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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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The Rate and Direction of Inventive Activity Revisited
Acemoglu, Daron (contributor); Arrow, Kenneth J. (contributor) - 2012
While the importance of innovation to economic development is widely understood, the conditions conducive to it remain … relating to the economics of innovation and technological change while revisiting the findings of a classic book. Central to … public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of …
Persistent link: https://www.econbiz.de/10014482604