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Voting with your Children: A Positive Analysis of Child Labour Laws

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2003

We develop a positive theory of the adoption of child-labour regulation, based on two key mechanisms. First, parental decisions on family size interact with their preferences for child-labour regulation. Second, the supply of child labour affects skilled and unskilled wages. If policies are...

Persistent link: https://www.econbiz.de/10005067344

Occupational Choice and the Spirit of Capitalism

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2007

The British Industrial Revolution triggered a reversal in the social order whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...

Persistent link: https://www.econbiz.de/10005067409

Equilibrium Unemployment Insurance

Hassler, John; Mora, Rodríguez; Vicente, José; … - C.E.P.R. Discussion Papers - 1999

In this paper, we incorporate a positive theory of unemployment insurance into a dynamic overlapping generations model with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical rational agents, but differing in the initial distribution...

Persistent link: https://www.econbiz.de/10005067497

A Positive Theory of Geographic Mobility and Social Insurance

Hassler, John; Mora, José V Rodríguez; Storesletten, … - C.E.P.R. Discussion Papers - 2001

This Paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labour market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary effects of...

Persistent link: https://www.econbiz.de/10005114443

Good Jobs versus Bad Jobs: Theory and Some Evidence

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1997

This paper offers a model of the interaction between composition of jobs and labour market regulation. Ex-post rent-sharing due to search frictions implies that ‘good’ jobs which have higher creation costs must pay higher wages. This wage differential distorts the composition of jobs, and in...

Persistent link: https://www.econbiz.de/10005662323

Why do Firms Train? Theory and Evidence

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1996

This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker’s ability relative to other firms. This informational advantage gives the...

Persistent link: https://www.econbiz.de/10005791865

The Structure of Wages and Investment in General Training

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1998

In the standard model of human capital with perfect labor markets, workers pay for general training. When labor market frictions compress the structure of wages, firms may invest in the general skills of their employees. The reason is that the distortion in the wage structure turns...

Persistent link: https://www.econbiz.de/10005656301

Minimum Wages and On-the-Job Training

Acemoglu, Daron; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 1999

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers, because they prevent these workers from taking wage cuts necessary to finance training. We show that when the assumption of perfectly competitive labour markets underlying this...

Persistent link: https://www.econbiz.de/10005661835

The Environment and Directed Technical Change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011

dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …

Persistent link: https://www.econbiz.de/10009365645

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …

Persistent link: https://www.econbiz.de/10005114280