Chapter 1. Introduction: The Issue of Regional Development -- Chapter 2. Growth and International Knowledge Spillovers with Firm Heterogeneity -- Chapter 3. Political Economy of Patent Policy and Economic Growth -- Chapter 4. Abundant Resource Endowments, Institutions and Economic Growth - A...

The paper studies the power of educational investments in relation to transfers for fostering lifetime income and for reducing income inequality in Germany. The welfare analysis is based on a model of age-dependent human capital accumulation, featuring dynamic complementarities in skill...

This paper addresses the importance of compositional changes in the labor force for the development of the wage distribution. Demographic change and higher educational attainment imply a shift toward employees with more experience and/or better education. These groups are characterized by higher...