| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27862 |
| 来源ID | Working Paper 27862 |
| Tapping into Talent: Coupling Education and Innovation Policies for Economic Growth | |
| Ufuk Akcigit; Jeremy G. Pearce; Marta Prato | |
| 发表日期 | 2020-09-28 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes the various layers that connect R&D subsidies and higher education policy to productivity growth. We put the development of scarce talent and career choice at the center of a new endogenous growth framework with individual-level heterogeneity in talent, frictions, and preferences. We link the model to micro-level data from Denmark and uncover a host of facts about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study counterfactual policy exercises. We find that R&D subsidies, while less effective than standard models, can be strengthened when combined with higher education policy that alleviates financial frictions for talented youth. Education and innovation policies not only alleviate different frictions, but also impact innovation at different time horizons. Education policy is also more effective in societies with high income inequality. |
| 主题 | Labor Economics ; Labor Supply and Demand ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity |
| URL | https://www.nber.org/papers/w27862 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585536 |
| 推荐引用方式 GB/T 7714 | Ufuk Akcigit,Jeremy G. Pearce,Marta Prato. Tapping into Talent: Coupling Education and Innovation Policies for Economic Growth. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27862.pdf（752KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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