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Irmen, Andreas - 2016

This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...

Persistent link: https://www.econbiz.de/10012993693

Adopt or Innovate : Understanding Technological Responses to Cap-and-Trade

Calel, Raphael - 2018

Environmental regulations have consistently been found to spur innovation in ‘clean' technologies, with one significant … effect on innovation. Several explanations have been offered, including secondary market failures and a lack of polluter …, contrary to past experience, encouraged innovation rather than adoption. I discuss how these contrasting findings can be …

Persistent link: https://www.econbiz.de/10012925254

Incentive Regulation, Investments and Technological Change

Vogelsang, Ingo - 2021

commitment for the whole time horizon of infrastructure or innovation investments is impossible. The compatibility of incentive …

Persistent link: https://www.econbiz.de/10013316240

Skill, Innovation and Wage Inequality : Can Immigrants Be the Trump Card?

Das, Gouranga Gopal - 2018

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation …

Persistent link: https://www.econbiz.de/10012914679

Subsidizing National Champions : An Evolutionary Perspective

Aubert, Cecile - 2008

A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...

Persistent link: https://www.econbiz.de/10012770493

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...

Persistent link: https://www.econbiz.de/10013012564

Time Variation in U.S. Wage Dynamics

Hofmann, Boris - 2011

This paper explores time variation in the dynamic effects of technology shocks on U.S. output, prices, interest rates as well as real and nominal wages. The results indicate considerable time variation in U.S. wage dynamics that can be linked to the monetary policy regime. Before and after the...

Persistent link: https://www.econbiz.de/10013131601

Skilled Worker Migration and Trade : Inequality and Welfare

Bougheas, Spiros - 2011

We develop a two-sector, two-country model where trade is driven by technological differences. Each country is populated by large number of heterogeneous workers distinguished by their level of skills. Given that one country has a technological advantage in the skilled intensive good when we...

Persistent link: https://www.econbiz.de/10013132017

Top Incomes, Rising Inequality, and Welfare

Lansing, Kevin J. - 2012

This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...

Persistent link: https://www.econbiz.de/10013098333

The Cost of Environmental Policy Under Induced Technical Change

Smulders, Sjak - 2013

. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally …

Persistent link: https://www.econbiz.de/10013090604

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