Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...

In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to control for sector-specific differences in human...

In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to control for sector-specific differences in human...

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout this period, despite evidence of convergence, the racial gap in attainment between blacks and whites has been persistently determined by the initial gap. We obtain these results...

Building on a Kaleckian-structuralist macroeconomic growth model this paper examines the impact of the interaction between labor market gender equality and social reproduction (SR) or care provisioning, on economic growth across U.S. states. Using panel data for 2003-2017 and principal component...

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

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...

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...