human capital as an accumulable factor. In a study on Austria and Germany we augment the Solow model to allow for the … of human capital of Austria and Germany by weighting workers of different schooling levels with their respective wage … quantifies how wages change with years of schooling. We find that the time series evidence on Austria and Germany is not …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

the bulk of productivity gains in the United States …

Government regulation is a double-edged sword. By restricting the inputs—capital, labor, technology, and more—that can … be used in the production process, regulation shapes the economy and, by extension, living standards today and in the … future. Applied effectively, regulation can foster a thriving, competitive marketplace where innovation and technological …