innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

of low-carbon energy innovation. These include both improvements in physical capital, such as smart grids to aid … document recent trends in energy innovation and discuss the lessons learnt for policy. We then discuss the potential role for … complementary innovation in both physical capital--using smart grids as an example of how policy can help--and human capital, where …

region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …

-adjusted educational attainment among the working age population based on their health status during the time they did their education …

Innovation booms are often fueled by easy financing that allows new technology firms to pay high wages that attracts …

growth version). We also consider the productivity growth (or level) effects of public spending on education and of the …