In this paper we present a new theory accounting for the heterogeneous impact of family firms on economic growth. We develop an overlapping generations model, where agents are heterogeneous in innate talent, and family firms have access to an additional source of managerial capital, family...

Professionalisation has been a process which has profoundly influenced the societies of the most industrialised countries, since it entails a high position in the occupational hierarchy for its members. This has marked effects on the occupational choices of individuals, because the social...

The aim of this paper is to measure the impact of migration flows on growth via their effect on structural change. To this extent we build an empirical growth model in which migration flows and intersectoral wage differentials can affect the speed of labour readjustment between sectors and,...

In this paper, we analyze the effects of research collaborations on the scientific output of academic institutions, drawing on data from the first official Italian research assessment exercise. We measure the scientific performance of a research unit as the number of publications that received...

In this paper we analyse how the science sector's incentive structure strongly contributes to the development of science and of the economy, even if, in the same time, it can cause large disparities in size and productivity of scientific sectors of different countries. In order to show that, we...

Innovation, Unemployment and Policy in the Theories of Growth and Distribution increases our understanding about the more relevant economic determinants and policy aspects of the interdependence between economic growth and income distribution.

The authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who...