We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into…
In these times of heated rhetoric about what various health care reforms can and cannot accomplish, both hopeful and doomsday stories…
A reform of the Western Energy Imbalance Market should target the right problem. Import leakage is a problem; resource shuffling is a…
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy…
Much of the risk adjustment literature has focused on how persons should be classified and given weights. It has given less attention to…
The author explains why he believes Xi Jinping, president of China, will change history. Topics discussed include background of Xi in terms…
Last month, the European Union marked the tenth year of its Strategic Energy Technology Plan. It is one of many policy initiatives…
Unexpected social policy expansion and progressive tax reforms initiated by right-wing governments in Latin America highlight the need for…
Innovation studies continue to struggle with an apparent disconnect between innovation’s supposedly universal dynamics and a sense that…