Publications

Explore our research papers, policy briefs, and reports on critical global issues

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66 publications found

  • Transition to Green Technology along the Supply Chain

    • Working Paper

    Weanalyze a model of green technological transition along a supply chain. In each layer,a good is produced with a dirty technology, or, if the required “electri cation” innovation hasoccurred, with a clean technology which uses the immediate upstream good. We show thatthe economyis characterized by a single equilibrium but multiple steady-states, and that evenin the […]

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  • Social Skills and the Individual Wage Growth of Less Educated Workers

    • Working Paper

    This study employs matched employee-employer data from the UK to highlight the importance of social skills, in particular workers’ ability to work well in a team and communicate effectively with co-workers, as a driver of wage growth for workers with lower formal education. Our findings indicate that in tasks emphasizing social skills, such workers not […]

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  • A Theory of Falling Growth and Rising Rents

    • Growth

    • Innovation

    • Publication

    Exploring strategies to ensure equitable access to quality digital education across socioeconomic divides.

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  • Resetting the Innovation Clock: Endogenous Growth through Technological Turnover

    • Innovation

    • Working Paper

    Assessing the role of technology and data-driven governance in creating more livable and sustainable urban environments.

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  • Monetary Policy, Product Market Competition and Growth

    • Growth

    • Publication

    In this paper we argue that monetary easing fosters growth more in more credit-constrained environments, and the more so the higher the degree of product market competition. Indeed, when competition is low, large rents allow firms to stay on the market and reinvest optimally, no matter how funding conditions change with aggregate conditions. To test […]

    Written by

    Philippe Aghion

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  • Innovation and Top Income Inequality

    • Inequality

    • Innovation

    • Publication

    In this article, we use cross-state panel and cross-U.S. commuting-zone data to look at the relationship between innovation, top income inequality and social mobility. We find positive correlations between measures of innovation and top income inequality. We also show that the correlations between innovation and broad measures of inequality are not significant. Next, using instrumental […]

    Published

    June 2018

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