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Population, Pensions, and Endogenous Economic Growth
Heer, Burkhard; Irmen, Andreas - 2008
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10011422187
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2008
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10010264503
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Population, pensions, and endogenous economic growth
Heer, Burkhard; Irmen, Andreas - 2008 - This Version: November 16, 2008
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10003779148
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Population, pensions, and endogenous economic growth
Heer, Burkhard (contributor); Irmen, Andreas (contributor) - 2008
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10003791799
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Innovation, Entry into Multiple Markets and Unobserved Heterogeneity
Pogrebna, Ganna - 2014
This paper considers an experimental market entry game, where the decision problem involves several heterogeneous markets and players have an opportunity to enter several markets simultaneously. We find that groups fail to coordinate on any of the multiple pure strategy Nash equilibria by...
Persistent link: https://www.econbiz.de/10012708364
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Inequality and Innovativeness
Page, Scott E. - 2013
In this note, we construct two theoretical models that analyze the relationship between inequality of access and rates … of innovation as well as correlative data that show a negative correlation between income inequality and levels of … pronounced as problems become more difficult. Thus, the costs of inequality may be increasing as the problems that societies face …
Persistent link: https://www.econbiz.de/10013085884
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Education, Income Distribution and Innovation
Shen, Ling - 2004
In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
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The rise and fall of German innovation
Naudé, Wim; Nagler, Paula - 2021
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is contrasted with the post-World War II period. This latter...
Persistent link: https://www.econbiz.de/10012440279
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Technological innovation and inclusive growth in Germany
Naudé, Wim; Nagler, Paula - 2017
rising income and wealth inequalities. Between the mid-1990s and 2010 the rise in wage inequality was faster in Germany than …
Persistent link: https://www.econbiz.de/10011772201
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Innovation and spatial inequality in Europe and USA
Lee, Neil; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012
small body of innovators gain relative to others, innovation may lead to inequality. The evidence on this point is … fragmented, based on cross-sectional evidence on skill premia rather than overall levels of inequality. This paper provides the … first comparative evidence on the link between innovation and inequality in a continental perspective. Using micro data from …
Persistent link: https://www.econbiz.de/10011083831