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Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2007

This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of "approximate welfare efficiency" (AWE). Thereby we can identify policies...

Persistent link: https://www.econbiz.de/10005666681

Does the welfare state make older workers unemployable?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2009

This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...

Persistent link: https://www.econbiz.de/10008506842

Retaining through training; even for older workers

Picchio, Matteo; Ours, Jan C van - C.E.P.R. Discussion Papers - 2011

This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there...

Persistent link: https://www.econbiz.de/10008921779

Immigration, Offshoring and American Jobs

Ottaviano, Gianmarco; Peri, Giovanni; Wright, Greg C. - C.E.P.R. Discussion Papers - 2010

How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation of jobs for U.S. natives? We consider a multi-sector...

Persistent link: https://www.econbiz.de/10008680751

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

Does Microsoft Stifle Innovation? Dominant Firms, Imitation and R&D Incentives

Cabral, Luís M B; Polak, Ben - C.E.P.R. Discussion Papers - 2004

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

Persistent link: https://www.econbiz.de/10005789049

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10005789082

Growth, Distance to Frontier and Composition of Human Capital

Aghion, Philippe; Meghir, Costas; Vandenbussche, Jérôme - C.E.P.R. Discussion Papers - 2005

innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive …

Persistent link: https://www.econbiz.de/10005792394

Productivity Spillovers Through Labor Mobility

Heggedal, Tom-Reiel; Moen, Espen R; Preugschat, Edgar - C.E.P.R. Discussion Papers - 2014

imitate by hiring a worker from a firm that has already innovated. We show that if innovation firms can commit to long … contracts, there is too little innovation and too much imitation in equilibrium. Our model is tractable and allows us to analyze … welfare effects of various policies in the limited commitment case. We find that subsidizing innovation and taxing imitation …

Persistent link: https://www.econbiz.de/10011171780

Innovation Beyond Patents: Technological Complexity as a Protection against Imitation

Henry, Emeric; Ruiz-Aliseda, Francisco - C.E.P.R. Discussion Papers - 2012

A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often perceived to be at the mercy of imitators in the absence of legal protection. In practice, innovators however invest actively in making their products technologically hard to...

Persistent link: https://www.econbiz.de/10011084053