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Five Puzzles in the Behaviour of Productivity, Investment and Innovation
Gordon, Robert J - C.E.P.R. Discussion Papers - 2004
future of innovation? First-rate inventions in the 1990s, notably the web and user-friendly business productivity software … markets that welcome innovation, while Europe remains under the control of corporatist institutions that dampen competition …
Persistent link: https://www.econbiz.de/10005123790
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Human Capital, Innovation, and Climate Policy: An Integrated Assessment
Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2012
This paper looks at the interplay between human capital and innovation in the presence of climate and educational … moderate, short-term consumption loss. Human capital is complement to all forms of innovation and an educational policy … stimulates both energy and general purpose innovation. This result has important policy implications considering the growing …
Persistent link: https://www.econbiz.de/10011084481
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Are Intellectual Property Rights Unfair?
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10005791837
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Growth, Distance to Frontier and Composition of Human Capital
Aghion, Philippe; Meghir, Costas; Vandenbussche, Jérôme - C.E.P.R. Discussion Papers - 2005
innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive … countries between 1960 and 2000 and explain why previous empirical research had found no positive relationship between initial …
Persistent link: https://www.econbiz.de/10005792394
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Academic Research Productivity: Are Economists Paid Their Marginal Product?
Brennan, G.; Teal, F. - Research School of Economics, College of Business and … - 1991
Persistent link: https://www.econbiz.de/10004977271
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Access to Public Capital Markets and Employment Growth
Borisov, Alexander; Ellul, Andrew; Sevilir, Merih - C.E.P.R. Discussion Papers - 2015
This paper investigates the importance of accessing public capital markets through an initial public offering (IPO), and the consequent relaxation of firms’ financial constraints, for firm-level long term employment decisions. We find that firms significantly increase post-IPO investment in...
Persistent link: https://www.econbiz.de/10011249379
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Partial Insurance and Investments in Children
Carneiro, Pedro; Ginja, Rita - C.E.P.R. Discussion Papers - 2015
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10011266538
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Life Expectancy and Schooling: New Insights from Cross-Country Data
Hazan, Moshe - C.E.P.R. Discussion Papers - 2011
I argue that distinguishing between life expectancy at birth and life expectancy beyond the crucial early childhood years affects the relationship between life expectancy and schooling in a meaningful way. In particular, I show that while the change in life expectancy at birth between 1960 and...
Persistent link: https://www.econbiz.de/10009246607
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The Democratic Transition
Murtin, Fabrice; Wacziarg, Romain - C.E.P.R. Discussion Papers - 2011
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 to 2000 to explore the economic factors associated with...
Persistent link: https://www.econbiz.de/10009320398
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Maternal Health and the Baby Boom
Albanesi, Stefania; Olivetti, Claudia - C.E.P.R. Discussion Papers - 2010
Abstract U.S. fertility rose from a low of 2.27 children for women born in 1908 to a peak of 3.21 children for women born in 1932. It dropped to a new low of 1.74 children for women born in 1949, before stabilizing for subsequent cohorts. We propose a novel explanation for this boom-bust...
Persistent link: https://www.econbiz.de/10008554218