Canada weathered the global economic crisis well, mainly reflecting sustained growth in domestic pending, and the economy is continuing to grow despite the persistence of international turbulence, most recently stemming from the euro zone sovereign debt crisis. In Canada's case, several factors are acting in its favour. Federal fiscal plans are…

On October 30, 2006, the Federal Reserve Bank of Chicago and the Midwest Higher Education Compact held a conference on higher education and economic growth. Speakers included Michael Moskow, Richard Lester, Michael Luger, Sean Safford, Larry Isaak, Stefanie Lenway, Rod Shrader, Brian Fabes, Arthur Rothkopf, Randy Eberts, Gary Fethke, Victor…

Academic research institutions have long been important economic anchors for New York City. They provide thousands of jobs and serve as a magnet for talented students and faculty, who inject hundreds of millions of dollars into the local economy through federal research grants. Yet, even though New York's concentration of top-fight scientific…

This paper considers the relation of education and of scientific and technical knowledge developed through research and development to labor productivity growth within the medium term. The empirical significance of sources of productivity growth is tested using data for the United States and 14 other nations. (Author/MLF)

Studied influence of age and research support on frequency of technical innovation and economic growth in United States between 1929-1984. Found research support and age influenced number of patents awarded which, in turn, influenced deviations in gross national product. Concluded that development and maintenance of creative potential needs…