-induced counteracting growth-effect on the wealth-income ratio, we show that the net effect of R&D on wealth inequality is positive …This paper extends Piketty's analysis of the wealth-income ratio used as a proxy for wealth inequality, to allow for … innovation. Drawing on a Schumpeterian (R&D-based) growth model that incorporates both tangible and intangible capital and using …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

empirical pattern. The presence of GVC trade boosts capital accumulation and economic growth and magnifies dynamic gains from …

empirical pattern. The presence of GVC trade boosts capital accumulation and economic growth and magnifies dynamic gains from …

empirical pattern. The presence of GVC trade boosts capital accumulation and economic growth and magnifies dynamic gains from …

When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in … efficiency imposed by thermodynamic laws. In this paper, I develop a growth model that explicitly accounts for endogenous … trigger a full transformation toward green growth. …

This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; Endogenous Growth ; Knowledge Diffusion ; Productivity Slowdown ; Convergence ; Divergence …

We analyze the impact of status preferences on technological progress and long-run economic growth. For this purpose … of the quest for status raises the steady-state economic growth rate only if the status-related extra return of shares is … strictly positive. Second, for any given degree of status consciousness, the long-run economic growth rate depends positively …

This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; endogenous growth ; knowledge diffusion ; productivity slowdown ; convergence ; divergence …