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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005762377

Social Capital, Innovation and Growth: Evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - Institute for the Study of Labor (IZA) - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

Persistent link: https://www.econbiz.de/10005703394

Immigration and Innovation in European Regions

Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2011

data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …

Persistent link: https://www.econbiz.de/10009003950

Can the University Save Europe?

Ritzen, Jo - Institute for the Study of Labor (IZA) - 2012

research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …

Persistent link: https://www.econbiz.de/10010556213

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - Institute for the Study of Labor (IZA) - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10010670827

Does Conflict Disrupt Growth? Evidence of the Relationship between Political Instability and National Economic Performance

Polachek, Solomon; Sevastianova, Daria - Institute for the Study of Labor (IZA) - 2010

Current empirical growth models limit the determinants of country growth to geographic, economic, and institutional variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do different types of conflict affect country growth...

Persistent link: https://www.econbiz.de/10008615443

Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth

Campos, Nauro F.; Dimova, Ralitza; Saleh, Ahmad - Institute for the Study of Labor (IZA) - 2010

Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...

Persistent link: https://www.econbiz.de/10008742951

The New Stylized Facts about Income and Subjective Well-Being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2012

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...

Persistent link: https://www.econbiz.de/10010635588

The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - Institute for the Study of Labor (IZA) - 2014

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...

Persistent link: https://www.econbiz.de/10010959583

Aid, Growth, and Jobs

Fields, Gary S. - Institute for the Study of Labor (IZA) - 2013

Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to poverty reduction: helping the poor earn more in the...

Persistent link: https://www.econbiz.de/10010778775