Now showing items 1-10 of 10

    • Credit Constraints and the Cyclicality of R&D Investment: Evidence from France 

      Aghion, Philippe; Askenazy, Philippe; Berman, Nicolas; Cette, Gilbert; Eymard, Laurent (Oxford University Press (OUP), 2012)
      We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit constraints and firms' R&D behavior over the business cycle. Our main results can be summarized as follows: (i) ...
    • Credit Constraints and the Cyclicality of R&D Investment: Evidence from France 

      Aghion, Philippe; Askenazy, Philippe; Berman, Nicolas; Cette, Gilbert; Eymard, Laurent (Wiley-Blackwell, 2012)
      We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit constraints and firms' R&D behavior over the business cycle. Our main results can be summarized as follows: (i) ...
    • Credit Constraints and the Cyclicality of R&D Investment: Evidence from France 

      Aghion, Philippe; Askenazy, Philippe; Berman, Nicolas; Cette, Gilbert; Eymard, Laurent (Wiley-Blackwell, 2012)
      We use a French firm-level data set containing 13,000 firms over the period 1994–2004 to analyze the relationship between credit constraints and firms’ R&D behavior over the business cycle. Our main results can be summarized ...
    • Innovation and Institutional Ownership 

      Aghion, Philippe; Reenen, John Van; Zingales, Luigi (National Bureau of Economic Research, 2009)
      We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests ...
    • Innovation, Reallocation and Growth 

      Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, William Robert (2013-05-21)
      We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative ...
    • Intentional ambiguity 

      Tan, Vaughn (2013-10-08)
      In this dissertation, I present a grounded exploration of some processes and mechanisms through which internal ambiguity helps groups adapt to—and thus cope with—external ambiguity and an unpredictably changing ...
    • Knowledge, Knowledge … Knowledge for My Economy 

      Freeman, Richard Barry (KDI Journal of Economic Policy, 2015)
      The creation of S&T knowledge and development of S&T- based innovation has spread worldwide from traditionally advanced countries to traditionally developing countries, often under the direction of governments. Korea is ...
    • Optimal Capital Versus Labor Taxation with Innovation-Led Growth 

      Aghion, Philippe; Akcigit, Ufuk; Fernández-Villaverde, Jesús (National Bureau of Economic Research Inc, 2012)
      Chamley (1986) and Judd (1985) showed that, in a standard neoclassical growth model with capital accumulation and infinitely lived agents, either taxing or subsidizing capital cannot be optimal in the steady state. In this ...
    • Vertical Integration and Technology: Theory and Evidence 

      Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; Zilibotti, Fabrizio (MIT Press, 2010-11-15)
      This paper investigates the determinants of vertical integration. We first derive a number of predictions regarding the relationship between technology intensity and vertical integration from a simple incomplete contracts ...
    • What Do We Learn From Schumpeterian Growth Theory? 

      Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter (National Bureau of Economic Research Inc, 2013)
      Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not ...