in Oxford Review of Economic Policy
March 2007; p ublished online January 2007 .
Journal Article. Subjects: Economic Growth and Aggregate Productivity; Technological Change; Research and Development; Macroeconomics and Monetary Economics; Entrepreneurship. 7943 words.
This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to economic growth. The knowledge filter impedes the spillover of knowledge...
in Industrial and Corporate Change
April 2014; p ublished online June 2013 .
Journal Article. Subjects: Manufacturing; Prices, Business Fluctuations, and Cycles; Economic Growth and Aggregate Productivity; Technological Change; Research and Development. 11388 words.
This article sheds light on how industry fluctuations affect firms’ propensity to innovate. We test two seemingly conflicting arguments that suggest how firms are more or less inclined to...
in Cambridge Journal of Economics
July 2009; p ublished online July 2009 .
Journal Article. Subjects: International Economics; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development; International Relations and International Political Economy; Economic Growth and Aggregate Productivity; International Finance; History of Financial Markets and Institutions; Financial Institutions and Services; Corporate Governance. 19819 words.
Starting from the perspective of heterodox Keynesian–Minskyian–Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current...
in The Review of Economic Studies
July 2005; p ublished online July 2005 .
Journal Article. Subjects: Economic Growth and Aggregate Productivity; Corporate Governance; Money and Interest Rates. 16295 words.
We derive the quantitative implications of growth theory for U.S. corporate equity plus net debt over the period 1960–2001. There were large secular movements in corporate equity values...