the knowledge-capital model', which simultaneously generates motives for both horizontal and vertical multinational …

neoclassical model of investment with physical capital, quasi-fixed labor, and two types of intangible capital, knowledge and brand …'s market value, installed labor force accounts for 14% to 22%, knowledge capital accounts for 20% to 43%, and brand capital … of knowledge capital increased, especially in high-tech industries. Overall, our analysis provides direct empirical …

We study the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 … randomized experiments with a total sample size of over 160,000 individuals. The evidence shows that financial education programs … have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment …

for retirement. Many respondents display limited knowledge and understanding of public and company-provided retirement … remainder of their lifetimes, many do not possess enough basic financial knowledge to confidently make optimal choices …

We ask how patient knowledge of appropriate antibiotic usage affects both physicians prescribing behavior and the …-like complaints visits the same physician. Simulated patient A is instructed to ask a question that showcases his/her knowledge of … patient's knowledge of appropriate antibiotics use reduces both antibiotic prescription rates and drug expenditures. Such …

In sum, numeracy does not influence wealth in whole or in part by affecting financial knowledge of one's pension plan …, where financial knowledge of the pension then influences other decisions about retirement saving … suggest that causality is more likely to run from pension wealth to pension knowledge, rather than the other way around …

allocative efficiency hypothesis by analyzing whether education improves health knowledge. The survey design allows us to observe … education generates an improvement in health knowledge for those who ultimately attend college. For those with high school as … the terminal degree, no relationship is found between education and health knowledge. These results imply that the …

How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational … firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign affiliates in … either embodied (traded intermediates) or disembodied form (direct communication). Knowledge transfer costs interact with the …

own retirement security, this lack of knowledge has serious implications …