All Outputs (3)

The Geography of Knowledge and R&D-led Growth (2021)
Journal Article
Aloi, M., Poyago-Theotoky, J., & Tournemaine, F. (2022). The Geography of Knowledge and R&D-led Growth. Journal of Economic Geography, 22(6), 1149–1190. https://doi.org/10.1093/jeg/lbab019

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, market structure, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and f... Read More about The Geography of Knowledge and R&D-led Growth.

Labor Responses, Regulation and Business Churn (2020)
Journal Article
Aloi, M., Dixon, H., & Savagar, A. (2021). Labor Responses, Regulation and Business Churn. Journal of Money, Credit and Banking, 53(1), 119-156. https://doi.org/10.1111/jmcb.12694

We develop a model of sluggish firm entry to explain short-run labor responses to technology shocks. We show that the labor response to technology and its persistence depend on the degree of returns to labor and the rate of firm entry. Existing empir... Read More about Labor Responses, Regulation and Business Churn.

Wage stickiness, offshoring and unemployment (2019)
Journal Article
Aloi, M., & Hoefele, A. (2019). Wage stickiness, offshoring and unemployment. Economics Letters, 177, 56-59. https://doi.org/10.1016/j.econlet.2019.01.025

This note investigates how the effect of offshoring on unemployment is influenced by the wage setting process. We assume staggered wage contracts in an otherwise standard search and matching model. In this setup, the contract wage depends also on exp... Read More about Wage stickiness, offshoring and unemployment.