externalities and dynamic trade models that feature monopolistic competition, endogenous entry, and heterogeneous firms. The … production externalities in the representative firm model have to be introduced in the intermediate and final good sectors so …

determinants of cross-country differences in the persistence of productivity differentials Specifically, we focus on the effects of … convergence rates. Consistent with theories, the persistence of productivity differentials is found to be positively correlated …, productivity convergence appears to be enhanced by human capital but deterred by government spending. …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …

endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how …

this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public … education expenditures, financed by distorting taxes, enhance the productivity of private education choices. We allow public … imperfection due to human capital externalities. We also expose the economy to varying degrees of uncertainty via changes in the …

acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each …. -- higher education ; enrollment ; externalities ; two-sector model …

externalities via the interest rate. Conditional on differences in the processes determining household earnings for distinct groups … in the population, these savings externalities may contribute to inequality. Working with an open economy heterogenous … earnings processes of British households with university and non-university educated heads entail savings externalities that …

Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual … productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show … international markets. We show that firms with low productivity may still be able to penetrate foreign markets provided they have …