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Endogenous growth, countercyclical dividends, and asset prices
Filep-Mosberger, Palma; Kaszab, Lorant; Ren, Zhou - 2023
horizontal and vertical innovation match financial data well due to countercyclical dividends which are either procyclical or … acyclical in US data. Countercyclical dividends redistribute income from consumption towards investment in innovation improving … growth prospects which are reflected in asset prices. In the horizontal innovation model of Kung and Schmid (2015 …
Persistent link: https://www.econbiz.de/10014251243
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Innovation, growth, and asset prices
Kung, Howard; Schmid, Lukas - In: The journal of finance : the journal of the American … 70 (2015) 3, pp. 1001-1037
Persistent link: https://www.econbiz.de/10011317971
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The implications of innovations and wage structure rigidity on economic growth and unemployment : a Schumpeterian approach to endogenous growth theory
Nusser, Michael - 1998
explicity on innovation as an economic activity with different economic causes and effects, this article tries to open the door …
Persistent link: https://www.econbiz.de/10010499044
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The implications of wage structure rigidity on human capital accumulation, economic growth and unemployment : a Schumpeterian approach to endogenous growth theory
Nusser, Michael - 1999
accumulation. Human capital is an important source of sustained growth. By focusing explicity on innovation as an economic activity …
Persistent link: https://www.econbiz.de/10010499923
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Resilient economy : a policy framework for the republic of Ireland and Northern Ireland
McDonnell, Tom; Mac Flynn, Paul - 2023
Persistent link: https://www.econbiz.de/10014280755
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Maintenance costs, obsolescence, and endogenous growth
Berden, Koen G.; Marrewijk, Charles van - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
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The role of human capital in structural change and growth in an open economy : innovative and absorptive capacity effects
Bye, Brita; Fæhn, Taran - In: The world economy : the leading journal on … 45 (2022) 4, pp. 1021-1049
Persistent link: https://www.econbiz.de/10013188136
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Knowledge accumulation, privacy, and growth in a data economy
Cong, Lin William; Xie, Danxia; Zhang, Longtian - In: Management science : journal of the Institute for … 67 (2021) 10, pp. 6480-6492
Persistent link: https://www.econbiz.de/10012666695
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Are "flow of ideas" and "research productivity" in secular decline?
Cauwels, Peter; Sornette, Didier - 2020
Persistent link: https://www.econbiz.de/10012419496
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The role of human capital in structural change and growth in an open economy : innovative and absorptive capacity effects
Bye, Brita; Fæhn, Taran - 2021
Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...
Persistent link: https://www.econbiz.de/10012421142