. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture … at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm's market position given the characteristics of its product supply …

policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …

workers contribute positively. We propose a theoretical model, highlighting the relationship between demographics, innovation …

The assumption that all migrations are permanent, which pervaded the early microdata-based research on immigrant career … paper, therefore, we illustrate the estimation challenges when migrations are temporary. As in an overwhelming share of the … problem becomes inherently dynamic and requires a more structural approach to estimation, which we briefly discuss …

This paper considers forecast averaging when the same model is used but estimation is carried out over different … estimation windows. It develops theoretical results for random walks when their drift and/or volatility are subject to one or … more structural breaks. It is shown that compared to using forecasts based on a single estimation window, averaging over …