We ask whether stock returns in France, Germany, Japan, the UK and the US are predictable by three instruments: the …

We quantify the effect of a significant technological innovation, shale oil development, on asset prices. Using stock …

or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal …-level and technology class-level patent production. Accompanying this fall in innovation, global employment, sales …

on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and … misallocation in the innovation area: while state-owned firms receive more subsidies, private firms exhibit more innovation results …