1,720,995 research outputs found
L’ipotesi di ciclo vitale del risparmio[The life cycle hypothesis of savings].
No full textIl presente lavoro, pubblicato come voce del Dizionario Bompiani delle Opere e dei Personaggi, riassume il contributo scientifico dell'opera "The Life Cycle Hypothesis of Saving", di F. Modigliani, secondo volume della raccolta Opere Complete di Franco Modigliani
Meccanismi schumpeteriani di crescita. Un'analisi del modello di Aghion e Howitt
No full textWorking Paper Di.S.E.S. n. 14 - 199
Riforme del mercato dei prodotti e crescita della produttività. Teoria ed evidenza empirica.
No full textThis paper is a critical survey of the theoretical and empirical literature on the effects of product market reforms on long run growth. Growth theory and empirics teach us that, for advanced countries, the major determinants of productivity growth in the long run are research and development, human capital, innovation, technological diffusion. Economic theory suggests that economic reforms which affect competition in the product markets can certainly influence these growth drivers, but that the direction of the effects is ambiguous. Empirical evidence does not help to remove such ambiguity: both the literature on micro data and on macro data present inconclusive results. Advocating product market reforms on the basis of their alleged effects on productivity dynamics appears therefore unjustified, both based on theory and empirical evidence
Fondamenti di Analisi Economica
No full textIl presente lavoro, pubblicato come voce del Dizionario Bompiani delle Opere e dei Personaggi, riassume il contributo scientifico dell'opera maggiore dell'economista statunitense Paul A. Samuelson: "The Foundations of Economic Analysis"
Dynamic effects of labor market reforms on productivity. A survey.
Full text linkInstitutional reforms have long been a central focus of the European economic policy debate, and the labor market in particular has been subject to never-definitive reforms in the past 20 years, mainly aimed at fostering wage moderation and flexible labor contracts. The employment effects of labor market institutions have been widely analyzed, but the focus on this aspect has overshadowed an equally important but scantily investigated element: their possible dynamic impact on innovation and productivity growth. This paper is a critical survey of the literature which may help shed light on this issue.
Growth theory as well as the results of the empirical growth literature teach us that the main drivers of long run productivity growth in advanced countries are innovation, research and development, human capital accumulation. Reforms which enhance labor market flexibility can in principle affect these growth drivers through different channels, but the sign of the effects on productivity growth is ambiguous. Existing empirical evidence shows that wage and numerical flexibility have negative effects on research and development, innovation and firm sponsored training, suggesting that the dynamic effects of labor flexibility are negative. This suggest that the tradeoff between labor market flexibility and productivity growth which has been detected both within many European countries and across European countries is not just a temporary, static, short run effect linked to the employment effect of flexibility enhancing reforms, but may also reflect a more worrying permanent, dynamic, long run phenomenon
La teoria della crescita. Un’esposizione [Growth Theory. An Exposition]
No full textLa voce descrive il contributo scientifico dell'opera "Growth Theory, an exposition", di R. M. Solow, pubblicato nel 1970 come versione modificata della prima serie di Conferenze Radcliff, tenute dall'autore tra il dicembre 1968 e il gennaio 1969
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