technologies during the early stages of which a discovery is followed by a period of rapid economic growth and innovation, and the …

We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …

We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of … recent decades. We show four main results. First, immigration has a positive impact on innovation, measured by the patenting … impact of immigration on innovation percolates over space, but spatial spillovers quickly die out with distance. Fourth, the …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …

simply assumes that the output proportion remains constant. It concludes that service employment expands, and aggregate … employment expands, but Baumol's pessimistic conclusion on the decline of aggregate economic growth can be alleviated, or even …

We investigate links between routine-biased technical change, the structure of occupational employment, and cross … employment share of routine occupations and GDP per hour worked. We then conduct a development accounting exercise where we …

We construct a competitive model of innovation and growth under constant returns to scale. Previous models of growth … under constant returns cannot model technological innovation. Current models of endogenous innovation rely on the interplay … innovation and sees the nonrivalrous nature of ideas as a natural conduit to increasing returns. The results here challenge the …

employment-density and productivity in modern economies …