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pierredv : growth   16

Maria Bolboaca - Home
Via Andra Voicu, May 2019

For research, see

"I am currently a postdoctoral researcher at the Institute of Economics of the University of St. Gallen (FGN-HSG). My research fields are macroeconomics and applied macroeconometrics. My current research focuses on the effects of productivity improvements on the economy and in particular on the role played by expectations of future productivity changes in driving business cycle fluctuations."
economics  news  growth 
may 2019 by pierredv
Chad Jones on Paul Romer's Contribution to Growth Theory
"The essential contribution of Romer (1990) is its clear understanding of the economics of ideas and how the discovery of new ideas lies at the heart of economic growth. The history behind that paper is fascinating."

"Here is the key insight: ideas are different from essentially every other good in that they are nonrival. ... The key is that nonrivalry gives rise to increasing returns to scale."

"Once you've got increasing returns, growth follows naturally. Output per person then depends on the total stock of knowledge; the stock doesn't need to be divided up among all the people in the economy. Contrast this with capital in a Solow model. ... It is very easy to get growth in an aggregate in any model, even in Solow, because of population growth. More autoworkers mean that more cars are produced. In Solow, this cannot sustain per capita growth because we need growth in cars per autoworker. But in Romer, this is not the case: more researchers produce more ideas, which makes everyone better off because of nonrivalry."
economics  history  Paul-Romer  growth 
july 2018 by pierredv
Cisco Confirms Slower Mobile Traffic Growth
"Growth in the U.S. is down to 50%/year and predicted to fall below 40%."
" Speeds are increasing rapidly, probably doubling by 2020. Everyone except lobbyists and the uninformed now realizes the "spectrum crisis" was hype in the U.S., most of Europe and in Australia. Speeds couldn't go up rapidly if spectrum were seriously short."
Dave-Burstein  5GWirelessNews  Cisco  growth  VNI  spectrum-crunch 
may 2016 by pierredv
Why the US needs a new, tech-driven growth strategy - Feb 2016
By Gregory Tassey, Economic Policy Research Center, University of Washington "What the country most needs is to adopt a new, technology-driven growth strategy that supports investments in four major categories of assets that drive productivity growth: technological innovation, new equipment and machinery, labor skills, and infrastructure."
growth  opinion  CSMonitor  productivity 
march 2016 by pierredv
Emerging economies: When giants slow down | The Economist Jul 2013
Excerpts: THIS year will be the first in which emerging markets account for more than half of world GDP on the basis of purchasing power. .. The remarkable growth of emerging markets in general and the BRICs in particular transformed the global economy in many ways, some wrenching... This reserve accumulation contributed to a global savings glut, and the resulting low interest rates encouraged heavy public and private borrowing in the rich world. Some reckon currency manipulation also repressed consumption in emerging markets ... Not all the effects of the BRICs’ growth were to be felt as promptly; some, for good and ill, will not be experienced in full measure for decades. Bigger economies mean bigger armies. They also mean flourishing universities...
BRICS  TheEconomist  education  geopolitics  growth 
august 2013 by pierredv
The growing US jobs challenge - McKinsey June 2011
"It could take more than five years—longer than after any postwar downturn—to replace the millions of jobs lost to the 2008–09 recession. "
us  employment  economy  growth  x:mckinsey 
june 2011 by pierredv
Translating innovation into US growth - McKinsey Quarterly - Public Sector - Economic Policy
we think that looking solely at innovation and leadership in basic research is far too narrow. The key question is whether the United States has been losing its ability to translate innovation into economic leadership.
x:mckinsey  innovation  growth  globalization 
may 2011 by pierredv
Foreign aid on trial - environment - 15 December 2010 - New Scientist
Case for randomized trials of development projects. Work of Paul Collier (Oxford) and Esther Duflo (MIT) Quote: Development economist William Easterly of New York University argues that throughout the history of development aid, successes and failures have rarely conformed to any simple picture. "After half a century of research," he says, "it's safe to say that economists still don't have any real understanding of why one country has a high rate of growth and another doesn't." The problem is that experiments are bad politics. Quote: Anecdote: African farmers used mosquito nets for fishing.
economics  development-assistance  experiment  poverty  NewScientist  growth 
december 2010 by pierredv
How to Make an American Job Before It's Too Late: Andy Grove - Bloomberg
"Friedman is wrong. Startups are a wonderful thing, but they cannot by themselves increase tech employment. "
"You could say, as many do, that shipping jobs overseas is no big deal because the high-value work -- and much of the profits -- remain in the U.S. That may well be so. But what kind of a society are we going to have if it consists of highly paid people doing high-value-added work -- and masses of unemployed? "
economy  innovation  technology  growth  opinion  via:kevinschofield 
july 2010 by pierredv
Special report: Why politicians dare not limit economic growth - science-in-society - 15 October 2008 - New Scientist
"In short, if we insist on growing the economy endlessly, then we will have to reduce the carbon intensity of our spending to a tiny fraction of what it is now" The Ehrlich equation: "impact (I) of human activity on the planet is the product of three factors: the size of the population (P), its level of affluence (A) expressed as income per person, and a technology factor (T), which is a measure of the impact on the planet associated with each dollar we spend" Page 2 "The one piece of advice you will not see on a government list is "buy less stuff"." "This is the logic of free-market capitalism: the economy must grow continuously or face an unpalatable collapse. With the environmental situation reaching crisis point, however, it is time to stop pretending that mindlessly chasing economic growth is compatible with sustainability."
economics  growth  sustainability  ***  NewScientist 
december 2008 by pierredv

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