We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize the analysis of Arkolakis, Costinot and...

We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...

We analyze the di fferential growth e ffects of basic research, applied research, and embodied human capital accumulation in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our model allows for i) a negative association between...

Anne Brüggemann, Rainer Bromme (Hrsg.) Entwicklung und Bewertung von anwendungsorientierter Grundlagenforschung in der Psychologie Rundgespräche und Kolloquien 2006. VII, 62 S., 2 Tabellen, schwarz-weiß ISBN 978-3-05-004231-2 Die Psychologie ist exemplarisch für eine Disziplin, die...