"It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so. This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors. The author assesses the predictions of...

Mexican wage inequality rose following Mexico's accession to the General Agreement on Tariffs and Trade/World Trade Organization in 1986. Since the mid-1990s, however, wage inequality has been falling. Since most trade models suggest that output prices can affect factor prices, this paper...

This paper studies the evolution of three macroeconomic variables (namely current fiscal expenditures, public debt, and consumer-price inflation) around the time of the onset of armed conflicts during 1950-2016. The authors compare the performance of these variables in conflict-afflicted...