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state of the literature on the economics of innovation and highlight open policy questions. We first articulate the key … market failures in markets for innovation, and then discuss how both scientific norms and market-oriented policies help … between innovation and inequality …
Persistent link: https://www.econbiz.de/10012616621
The rapid diffusion and use of new ideas are critical for advancing and realizing the value of innovation. This paper …
Persistent link: https://www.econbiz.de/10012616627
various dimensions of upgrading --- learning, quality upgrading, technology adoption, and product innovation. The second part …
Persistent link: https://www.econbiz.de/10012696370
justify high prices for the population as a whole, innovation improves the welfare of sicker, late-stage cancer patients. A …
Persistent link: https://www.econbiz.de/10012482551
Mental health conditions are prevalent but rarely treated in low- and middle-income countries (LMICs). Little is known about how these conditions affect economic participation. This paper shows that treating mental health conditions substantially improves recipients' capacity to work in these...
Persistent link: https://www.econbiz.de/10014544702
We systematically review studies of how unemployment benefits affect unemployment duration. Statistically significant findings are eleven times more likely to be published. Correcting for publication bias halves the average elasticity. Meta-analysis provides a principled way for sufficient...
Persistent link: https://www.econbiz.de/10015056158
Solar power is now economically competitive with fossil fuels in many countries, yet relatively few homeowners have installed solar panels on their property. A principal reason for this behavior stems from cognitive biases--such as myopia, inertia and herding--that cause consumers to avoid...
Persistent link: https://www.econbiz.de/10012510556
Regulatory review of new medicines is often viewed as a hindrance to innovation by increasing the hurdle to bring …
Persistent link: https://www.econbiz.de/10012585373
This paper develops a 17-region, 3-skill group, overlapping generations, computable general equilibrium model to evaluate the global consequences of automation. Automation, modeled as capital- and high-skill biased technological change, is endogenous with regions adopting new technologies when...
Persistent link: https://www.econbiz.de/10012629440
We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...
Persistent link: https://www.econbiz.de/10012599296