Showing 1 - 10 of 17,173
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10009011635
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10012750339
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010276297
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
Persistent link: https://www.econbiz.de/10013051192
Persistent link: https://www.econbiz.de/10012993917
This paper introduces a novel approach for dealing with the "curse of dimensionality" in the case of large linear dynamic systems. Restrictions on the coefficients of an unrestricted VAR are proposed that are binding only in a limit as the number of endogenous variables tends to infinity. It is...
Persistent link: https://www.econbiz.de/10003831142
The assumption of perfectly functioning labour markets is ubiquitous in growth theory, yet incompatible with equally …
Persistent link: https://www.econbiz.de/10012949535
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10010274617
role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10003940472