and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …

rents and the government can support unions by labour market regulation. We show that if unions are initially very strong …, regulation increases only the workers' profit share and has no impact on employment and growth. Otherwise, regulation increases … faster. Regulation (deregulation) is desirable when the growth rate is below (above) some critical level …

and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …

and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …

Innovations (i.e. Regulator-approved innovations) to the number of total patents and (3) exponentially increasing regulation over … time. Greater expenditures on regulation and corporate R&D are required to assess the net benefit of innovation because of … propose counteracts the crucial "Knowledge Spillover" effect in the Endogenous Growth models. The rise of regulation versus …