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Persistent link: https://www.econbiz.de/10004981353
This study provides fresh evidence on the responsiveness of private consumption and, by implication, saving to government deficits. It focuses on consumption and saving from 1981 to 1989, a period during which the personal saving rate was characterized as surprisingly unresponsive to high...
Persistent link: https://www.econbiz.de/10005044335
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America's most innovative firms (with 40%+ of U.S. patents assigned to U.S. entities during 1988-96) participate, often repeatedly, in the Commerce Department's Advanced Technology Program (ATP). Participation significantly increases firms'innovation (patenting) while receiving ATP support...
Persistent link: https://www.econbiz.de/10005044531
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