countries of Canada, Australia, the USA, Argentina and the rest of Latin America. The resource abundant New World was endowed …

. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising … controls over immigration or capital movements, or trade policy. Australia did, and after 1900 pursued an increasingly …

How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we … build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their …

This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth … innovation: higher personal and corporate income taxes negatively affect the quantity and quality of inventive activity and shift … to another are important, but do not account for all of the effect. Agglomeration effects from local innovation clusters …