We explain the simultaneous presence of i) increasing per capita output, ii) declining real
wages of low-skilled workers, and iii) a rising wage premium of higher education within a …

We propose a novel framework to analyze the macroeconomic impact of non-communicable
diseases. We incorporate measures of disease prevalence into a human capital augmented …

We analyse the relationship between declining population growth and automation.
Theoretical considerations imply that countries with lower population growth introduce …

We study the optimal design of corporate taxation and R&D policies as a dynamic
mechanism design problem with spillovers. Firms have heterogeneous research …

The production of knowledge was subjected to quantitative analysis in the second half of the
twentieth century, following Arrow (1962). The determinants of knowledge and the …

Will automation raise unemployment and what is the role of education in this context? To
answer these questions, we propose a search and matching model of the labour market with …

We analyze the growth and welfare effects of governmental basic research investments in
an R&D-based growth model with endogenous fertility and endogenous education. In line …

We analyze the impact of increasing longevity on technological progress within an
overlapping generations research and development (R&D)-based growth framework and …

This study analyzes the impact of aging—an increase in longevity or a decrease in fertility
rates—on pension benefits in an economy that incorporates automation capital in the …

This paper investigates the effects of monetary policy on long-run economic growth via
different cash-in-advance (CIA) constraints on R&D in a Schumpeterian growth model with …