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Schooling, Labor Force Quality, and Economic Growth
Hanushek, Eric Alan; Kim, Dongwook - 2000
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10014158648
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Young, Restless and Creative : Openness to Disruption and Creative Innovations
Acemoglu, Daron - 2015
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …
Persistent link: https://www.econbiz.de/10013034169
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The Impact of Health and Education on Labor Force Participation in Aging Societies – Projections for the United States and Germany from a Dynamic Microsimulation
Böheim, René; Horvath, Thomas; Leoni, Thomas; … - 2023
, improvements in the education structure will add about two million persons to the US labor force and about half a million persons … educational scenarios that we evaluate, increasing the number of persons who achieve more than lower education has the strongest … scenarios. Shifting people from intermediate to higher education levels also increases labor force participation in higher age …
Persistent link: https://www.econbiz.de/10014347913
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A Theory of Growth and Volatility at the Aggregate and Firm Level
Comin, Diego; Mulani, Sunil - 2021
This paper presents an endogenous growth model that explains the evolution of the first and second moments of productivity growth at the aggregate and firm level during the post-war period. Growth is driven by the development of both (i) idiosyncratic R&D innovations and (ii) general innovations...
Persistent link: https://www.econbiz.de/10013224700
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Quality Ladders and Product Cycles
Grossman, Gene M.; Helpman, Elhanan - 2021
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10013235883
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Health, Human Capital Formation and Knowledge Production : Two Centuries of International Evidence
Madsen, Jakob Brøchner - 2012
-adjusted educational attainment among the working age population based on their health status during the time they did their education …
Persistent link: https://www.econbiz.de/10013099411
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Acemoglu, Daron; Robinson, James Alan; Verdier, Thierry - 2012
"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10013099537
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Localized and Biased Technologies : Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Acemoglu, Daron - 2014
. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …
Persistent link: https://www.econbiz.de/10013055191
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Induced Innovation and Energy Prices
Popp, David - 2021
existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of …
Persistent link: https://www.econbiz.de/10013246366
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Substitution and Complementarity in Endogenous Innovation
Young, Alwyn - 2021
technologies in recent models of endogenous innovation. Historical examples of technological change suggest that new technologies …
Persistent link: https://www.econbiz.de/10013246662