leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns … cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: Cross … exhibit conditional convergence as in the Solow-Ramsey model. The dispersion of the world income distribution is determined by …

-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …

and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a … data set on labor force composition to construct measures of productivity for workers in three distinct skill categories …

variables are included as explanatory variables. Estimates found using quantitative theory depend in critical ways on values of …

incentives and the world distribution of income. An endogenous product cycle arises in equilibrium, in which innovative countries …

We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …

We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …

international migration today. Such migration is likely to affect the world distribution of income both directly, through the … world economy where agents in both countries make optimal fertility and human capital decisions. The implications of the … analysis for the world distribution of income are derived in the light of recent empirical findings of the brain drain …