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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call 'the...
Persistent link: https://www.econbiz.de/10010329079
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...
Persistent link: https://www.econbiz.de/10010796455
Persistent link: https://www.econbiz.de/10011896375
Persistent link: https://www.econbiz.de/10001707821
An increasingly influential technological-discontinuity paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some limited...
Persistent link: https://www.econbiz.de/10010333318
We use small Italian regions (i.e. provinces) to investigate the causal effect of foreign immigration on innovation … immigrants did not have any effect on innovation. However, decomposing the overall effect into the contributions of low- and high … applications by about 0.2%. By contrast, the impact of high-skilled immigrants on innovation is positive, in line with the previous …
Persistent link: https://www.econbiz.de/10010333308
We use small Italian regions (i.e. provinces) to investigate the causal effect of foreign immigration on innovation … immigrants did not have any effect on innovation. However, decomposing the overall effect into the contributions of low- and high … applications by about 0.2%. By contrast, the impact of high-skilled immigrants on innovation is positive, in line with the previous …
Persistent link: https://www.econbiz.de/10010884112
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10012005891
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488