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It is apparent from the reported estimates that R&D is an important activity that has a major impact on the performing countries as well as on their trade partners. We may not yet have precise estimates of these impacts, both because of difficulties with available data and because of some...
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We study the electoral competition between two parties vying for seats in a legislature. The electorate includes knowledgeable voters and impressionable voters, the later susceptible to electioneering activities.
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In this paper, the author will try to describe in this lecture what economists know about foreign trade and in what ways their understanding has improved as a result of the last twenty years of research.
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A small literature on General Purpose Technology has emerged in recent years. It has studied a number of channels through which a new technology affects the economy, such as secondary innovations and diffusion. Our goal is to examine new channels of adjustment that operate through labor markets....
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In most elections the leaders of organizaed interest groups publicly announce their support for one candidate or slate of candidates or another. Why are there political endorsements made? and what role do they play in the election process and in the determination of policy? We see public...
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