Showing 1 - 10 of 541
Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors … worked in technologies that were more central within the innovation network. We offer a new approach for measuring the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network …
Persistent link: https://www.econbiz.de/10015051728
To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are...
Persistent link: https://www.econbiz.de/10011399300
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418453
This paper is based on the ideas of political philosopher John Rawls who suggested that a just society is one which would be created behind a "veil of ignorance", that is to say, without knowing where one would end up in the society's distribution of talent and other attributes valued in the...
Persistent link: https://www.econbiz.de/10011497927
Debates about the future of work frequently reference past instances of transformative innovation to preface analysis … overview of the current debates around the potential effects of impending labor-replacing innovation. We then summarize …
Persistent link: https://www.econbiz.de/10014430719
credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …
Persistent link: https://www.econbiz.de/10011300996
discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and … instruments. Finally we discuss how governments might contribute to eco-innovation by selecting, stimulating or creating (inter …
Persistent link: https://www.econbiz.de/10009752019
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010257289
This paper presents a two-country two-commodity dynamic model with free international asset trade in which one country achieves full employment and the other suffers long-run unemployment. Own and spill-over effects of changes in policy, technological and preference parameters that emerge...
Persistent link: https://www.econbiz.de/10010250169
The "natural" in the natural rate of unemployment is a misnomer, insofar as unemployment does not occur in nature. The concept is especially misleading because many economists and media commentators inappropriately equate it with "full" employment. As a consequence, endemic un- and...
Persistent link: https://www.econbiz.de/10010413766