Showing 1 - 7 of 7
Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up...
Persistent link: https://www.econbiz.de/10005789165
The striking geographical concentration of economic activities suggests that there are substantial benefits to agglomeration. The nature of those benefits remains unclear, however. In this Paper we take advantage of a new dataset to quantify the role of one of the main contenders: the matching...
Persistent link: https://www.econbiz.de/10005497954
In the "size of stakes" view quantitatively formalized in Gabaix and Landier (2008), CEO compensation is determined in a competitive talent market, and re flects the size of firms affected by talent. This paper offers empirical update on this view. The years 2004-2011, which include the recent...
Persistent link: https://www.econbiz.de/10011145470
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if firms and their employees are able to coordinate...
Persistent link: https://www.econbiz.de/10005661864
of intermediation in innovation. …
Persistent link: https://www.econbiz.de/10005498006
This paper looks at the genesis of innovation in the United States from a territorial perspective. The analysis aims to … disentangle the impact of local R&D expenditure from other contextual conditions supportive of the process of innovation …. Particular emphasis is devoted to the role of socio-economic factors and systems of innovation conditions (‘social filter …
Persistent link: https://www.econbiz.de/10011083285
and technology. Indian innovation hubs also generate positive knowledge spillovers to other regions. …This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …
Persistent link: https://www.econbiz.de/10011083752