Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - Volkswirtschaftliche Fakultät, … - 2013
This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer … transfer, a permanent increase in the North-South wage gap, and a temporary decrease in the rate of Northern innovation. An … increase in the Northern nominal interest rate causes a temporary decrease in the rate of Northern innovation, a permanent …