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This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10011442671
between technically trained founders and employees who have business skills. This suggests that the innovation potential of …
Persistent link: https://www.econbiz.de/10011558130
Concerns have been raised that demographic ageing may weaken the competitiveness of knowledge-based economies and … Germany using a flexible knowledge production function and accounting for potential endogeneity of the regional workforce … presence of older workers as younger and older workers turn out to be complements in the production of knowledge. With …
Persistent link: https://www.econbiz.de/10010384982
This paper studies the question whether skill-biased technical change diffuses internationally and that way contributes to the increasing relative skill demand in other countries. So far, the role of skill-biased technology diffusion has hardly been studied empirically. Using new sectoral data...
Persistent link: https://www.econbiz.de/10011418759
A series of seminal theoretical papers argues that poaching of employees may hamper company-sponsored general training. However, the extent of poaching, its determinants and consequences, remains an open empirical question. We provide a novel empirical identification strategy for poaching and...
Persistent link: https://www.econbiz.de/10009751718
Learning at school and university and also at the work place has become more important in the knowledge-based economy …
Persistent link: https://www.econbiz.de/10011444703
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
Persistent link: https://www.econbiz.de/10011444759
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10011445026
In this paper, I contrast the quality of part-time jobs - in terms of hourly wage rates - with those of full-timers. Using the Netherlands as a benchmark, helps to assess the size and seriousness of the estimated wage differentials in Germany. Based on two comparable household surveys, I...
Persistent link: https://www.econbiz.de/10011445955
A fast-growing literature shows that technological change is replacing labor in routine tasks, raising concerns that labor is racing against the machine. This paper is the first to estimate the labor demand effects of routine-replacing technological change (RRTC) for Europe as a whole and at the...
Persistent link: https://www.econbiz.de/10011514667