Przeglądaj KAE Working Papers według tematu "R&D"

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    • Endogenous Labor Share Cycles: Theory and Evidence 

      Growiec, Jakub; Mućk, Jakub; McAdam, Peter (2016-09)
      Based on long US time series we document a range of empirical properties of the labor's share of GDP. We identify its substantial medium-to-long run, pro-cylical swings and show that most of its variance lies beyond ...

    • Are Ideas Really Getting Harder To Find? R&D Capital and the Idea Production Function 

      Growiec, Jakub; McAdam, Peter; Mućk, Jakub (2022-02)
      We supplement the 'Idea Production Function' (IPF) with measures of R&D capital. We construct a time series of R&D capital stock in the US (1968-2019) based on cumulated R&D investment. We estimate the IPF with patent ...