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Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010265548
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Social capital, innovation and growth: evidence from Europe
Akçomak, I. Semih; ter Weel, Bas - 2008
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10010277206
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - 2001
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
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How much does immigration boost innovation?
Hunt, Jennifer; Gauthier-Loiselle, Marjolaine - 2009
We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual … immigrants patent at double the native rate, and that this is entirely accounted for by their disproportionately holding degrees …
Persistent link: https://www.econbiz.de/10010269300
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Co-determination and innovation
Kraft, Kornelius; Stank, Jörg; Dewenter, Ralf - 2009
This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...
Persistent link: https://www.econbiz.de/10010288477
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Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector
Brown, J. David; Earle, John S.; Kim, Mee Jung; Lee, … - 2019
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
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Migrant Inventors and the Technological Advantage of Nations
Bahar, Dany; Choudhury, Prithwiraj; Rapoport, Hillel - 2019
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012059112
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Migrant Inventors and the Technological Advantage of Nations
Bahar, Dany; Choudhury, Prithwiraj; Rapoport, Hillel - 2020
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012180187
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The nexus between labor diversity and firm's innovation
Parrotta, Pierpaolo; Pozzoli, Dario; Pytlikova, Mariola - 2012
In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer … and demographic characteristics to valuable firm's innovation activity. The latter is measured by: (1) the firm …'s propensity to apply for a patent, (2) the number of patent applications (intensive margin) and (3) the firm's ability to patent …
Persistent link: https://www.econbiz.de/10010289952
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Welfare Analysis in a Schumpeterian Growth Model with Capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
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