sector, endogenous fertility, directed technical change and fossil/renewable energy. We estimate the world economy is more … than one trillion dollars smaller, and world population more than 80 million smaller, than would have been the case without …

environmental and innovation policies. The big size of the needed investments in a context of limited financial resources asks for a …

point. Such a point typically exists because of the finiteness of nedds. It is also shown that if individual creativity is …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …

We derive policy rules for a highly aggregated fossil-based world economy with two competing stochastic thresholds or …

This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of … stochastic and sequential global innovation contests in which challengers devote resources to R&D to discover new products while … outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to …

terms of foreign exchange market dynamics. An implementable financial stress index (FSI) is created and then used to … currencies) and we show that such an index has potential value in protecting a portfolio against loss during periods of stress …