How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … in talent, frictions, and preferences. We link the model to micro-level data from Denmark and uncover a host of facts … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … in talent, frictions, and preferences. We link the model to micro-level data from Denmark and uncover a host of facts … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … in talent, frictions, and preferences. We link the model to micro-level data from Denmark and uncover a host of facts … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we … build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their …