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Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Unemployment and Increasing Returns to Human Capital

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies a model of human capital accumulation with real wage rigidity. It is shown that the arbitrage condition between hiring a skilled versus an unskilled worker may be stated as a positive relationship between their relative unemployment rates. It may be the case that this locus is...

Persistent link: https://www.econbiz.de/10005124159

The Simple Economics of Benefit Transfers

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994

The paper examines the employment and unemployment implications of permitting unemployed people to use part of their unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment benefits, `benefit transfers', would help replace the...

Persistent link: https://www.econbiz.de/10005067548

Heterogeneity, Selection and Labor Market Disparities

Bonfiglioli, Alessandra; Gancia, Gino A - C.E.P.R. Discussion Papers - 2014

We study the incentives to improve ability in a model where heterogeneous firms and workers interact in a labor market characterized by matching frictions and costly screening. When effort in improving ability raises both the mean and the variance of the resulting ability distribution, multiple...

Persistent link: https://www.econbiz.de/10011083778

Centralized Bargaining, Multi-Tasking, and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...

Persistent link: https://www.econbiz.de/10005662207

Converting Unemployment Benefits into Employment Subsidies

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994

This paper explores the implications of giving unemployed people -- particularly the long-term unemployed -- the opportunity to use part of their unemployment benefits to provide employment vouchers to the firms that hire them. The vouchers would depend positively on unemployment duration and...

Persistent link: https://www.econbiz.de/10005791635

Can You Teach Old Dragons New Tricks? FDI and Innovation Activity in Chinese State-Owned Enterprises

Girma, Sourafel; Gong, Yundan; Görg, Holger - C.E.P.R. Discussion Papers - 2006

We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …

Persistent link: https://www.econbiz.de/10005123532

Product Market Reform and Innovation in the EU

Griffith, Rachel; Harrison, Rupert; Simpson, Helen - C.E.P.R. Discussion Papers - 2006

, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …

Persistent link: https://www.econbiz.de/10005136744

The evolution of markets and the revolution of industry: A unified theory of growth

Desmet, Klaus; Parente, Stephen L. - Instituto de Ciencias Sociales, Instituto Madrileño de … - 2009

expansion in the market, sow the seeds for process innovation and an economy’s take-off. We demonstrate this mechanism in a …

Persistent link: https://www.econbiz.de/10005002832

A Minimum of Rivalry: Evidence from Transition Economies on the Importance of Competition for Innovation and Growth

Carlin, Wendy; Schaffer, Mark E; Seabright, Paul - C.E.P.R. Discussion Papers - 2004

that influence innovation by firms and their subsequent growth. Our data come from a survey of nearly 4,000 firms in 24 … and opportunities for innovation, virtually every firm that emerged from central planning was maladapted to the new … competition in market economies. We find evidence of the importance of a minimum of rivalry in both innovation and growth: the …

Persistent link: https://www.econbiz.de/10005067370