关键字：

【ECON20161216】

宏观经济学研讨会

（总第211期）

【时间】2016年10月26日（周三）12：15－13：45

【地点】明商0302教室

【主讲】陈惟  中国人民大学经济学院

【主题】Innovation and Top Income Inequality (P. Aghion et al., NBER Working Papers, 2016)

【点评】李三希  中国人民大学经济学院副教授

【摘要】In this paper we use cross-state panel data to show a positive and significant correlation between various measures of innovativeness and top income inequality in the United States over the past decades. we show that the positive effects of innovation on the top 1% income share are dampened in states with higher lobbying intensity: (i) innovativeness is positively correlated with upward social mobility; (ii) the positive correlation between innovativeness and social mobility, is driven mainly by entrant innovators and less so by incumbent innovators, and it is dampened in states with higher lobbying intensity. Overall, our findings vindicate the Schumpeterian view whereby the rise in top income shares is partly related to innovation-led growth, where innovation itself fosters social mobility at the top through creative destruction.

【主持】陈彦斌 教授