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For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate...
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We analyze the effect of the rise of knowledge-based activities on spatial inequality within U.S. cities. We exploit the network of patent citations to instrument for local trends in innovation. Innovation intensity is responsible for 14% of the overall increase in urban segregation between 1990...
Persistent link: https://www.econbiz.de/10012052598
Using a newly assembled dataset of U.S. patents, we show that overall innovation activity is less concentrated in high-density urban areas than commonly believed, but inventions based on atypical combinations of knowledge are indeed more prevalent in high-density cities. To interpret this...
Persistent link: https://www.econbiz.de/10012052599
For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps its government budget tight. This paper uses a general equilibrium model to capture the security–development trade-off facing the government in its effort to rehabilitate...
Persistent link: https://www.econbiz.de/10012995412
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs)—policies that restrict interactions in an attempt to slow the spread of disease—on local invention. We construct a panel of issued patents and NPIs adopted by 50 large US cities during...
Persistent link: https://www.econbiz.de/10013225148
Between 1883 and 1919, Andrew Carnegie donated approximately $1 billion in 2019 dollars to fund the construction of more than 1,500 public libraries across the United States. We show that this historical rollout of public libraries — which promoted access to knowledge for millions of people...
Persistent link: https://www.econbiz.de/10012830893