This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

of policy priority is derived. Efficient tax policy ranks investment in human capital higher than investment in nonhuman …

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We …

mathematical literacy and curriculum-based knowledge. The findings indicate that central exit exams only improve curriculum …-based knowledge but do not affect mathematical literacy. Moreover, teachers in German states with central exit examinations are more …

Student performance in Sub-Saharan Africa is tragically low. We study the importance of teacher subject knowledge for …. After measurement-error correction, a one-standard-deviation increase in teacher subject knowledge raises student … teacher sorting. Furthermore, teacher knowledge and school resources appear to be complements in student learning …

endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

To study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …

informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …

We study the impact of political knowledge on the attitudes of European citizens towards the possible distribution of … of political knowledge on attitudes we use an instrumental variables approach. The results show that more informed …