Presentation by Ufuk Akcigit, Arnold C. Harberger Professor of Economics and Director of Graduate Studies at the University of Chicago
How do innovation and education policy affect individual career choice and aggregate productivity? This talk discusses 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. Education and innovation policies not only alleviate different frictions, but also impact innovation at different time horizons.
- Date: January 18, 2023
- Time: 10:00-11:30 AM EDT
- Chair: Ivailo Izvorski, Chief Economist, Europe and Central Asia, World Bank
- CONTACT: Suzette Samms-Lindsay