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Persistent link: https://www.econbiz.de/10012229046
Externalities play a central role in most theories of economic growth. We argue that international externalities, in … have international knowledge externalities. When calibrated, the hybrid model does a surprisingly good job of generating …
Persistent link: https://www.econbiz.de/10014023776
We exploit a series of discontinuities, at several population thresholds, in the allocation mechanism of federal transfers to municipal governments in Brazil to identify the causal effect of municipal spending on local labor markets, using a ‘fuzzy' regression discontinuity design. Our...
Persistent link: https://www.econbiz.de/10013040228
In this paper I develop a positive theory of intergenerational transfers. I argue that transfers are a means to induce … aggregate output is higher if the elderly do not work. I model this idea through positive externalities in the average stock of … human capital: because skills depreciate with age. one implication of these externalities is that the elderly have a …
Persistent link: https://www.econbiz.de/10012474781
We exploit a series of discontinuities, at several population thresholds, in the allocation mechanism of federal transfers to municipal governments in Brazil to identify the causal effect of municipal spending on local labor markets, using a 'fuzzy' regression discontinuity design. Our estimates...
Persistent link: https://www.econbiz.de/10012457915
In this paper I develop a positive theory of intergenerational transfers. I argue that transfers are a means to induce … aggregate output is higher if the elderly do not work. I model this idea through positive externalities in the average stock of … human capital: because skills depreciate with age. one implication of these externalities is that the elderly have a …
Persistent link: https://www.econbiz.de/10013311879
consistency and a more theory- oriented perspective. Consequently, the system concept itself seems to be a kind of "boundary … of contemporary research in defining functional and spatial boundaries in theory and empirical research. Agglomeration … tendencies, knowledge externalities and localized learning are primarily based upon the concepts of knowledge diffusion, tacit …
Persistent link: https://www.econbiz.de/10003958828
Persistent link: https://www.econbiz.de/10010524769
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