unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …

The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of …

increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on …

both trade and foreign direct investment and thereby get a better understanding of complex international investment, trade … and FDI dynamics – including with respect to the envisaged Transatlantic Trade and Investment Partnership …

quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …

This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …

a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

This paper analyzes the interaction between migration of high-skilled labor and publicly financed investment. We … trigger migration flows. In the former equilibrium, all jurisdictions have the same public investment level. In the latter one …, public investment is high in host economies of skilled expatriates and low in source economies. We empirically test the …