Similar Search Results

Do reservation wages really decline? : Some international evidence on the determinants of reservation wages

Addison, John T. (contributor); Centeno, Mário (contributor) - 2008

Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant...

Persistent link: https://www.econbiz.de/10003652702

Is corporate R&D investment in high-tech sectors more effective? : some guidelines for European Research Policy

Ortega-Argilés, Raquel; Piva, Mariacristina; Potters, … - 2009

This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions...

Persistent link: https://www.econbiz.de/10003796272

Instability of the Eurozone? : On monetary policy, house prices and labor market reforms

Belke, Ansgar (contributor); Gros, Daniel (contributor) - 2007

"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...

Persistent link: https://www.econbiz.de/10003429626

The job creation effect of R&D expenditures

Bogliacino, Francesco; Vivarelli, Marco - 2010

In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...

Persistent link: https://www.econbiz.de/10003937885

The reservation wage unemployment duration nexus

Addison, John T.; Machado, José A. F.; Portugal, Pedro - 2010

A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a natural control function approach to the problem that involves conditioning elapsed duration on completed...

Persistent link: https://www.econbiz.de/10008778692

Innovation and employment in patenting firms : empirical evidence from Europe

Van Roy, Vincent; Vertesy, Daniel; Vivarelli, Marco - 2015

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...

Persistent link: https://www.econbiz.de/10011288522

What's in a second opinion? : shadowing the ECB and the Bank of England

Neuenkirch, Matthias; Siklos, Pierre L. - 2013

Persistent link: https://www.econbiz.de/10009788857

The transatlantic productivity gap : is R&D the main culprit?

Ortega-Argilés, Raquel; Piva, Mariacristina; … - 2011

these transatlantic differences may be related to the different sectoral structures in the US and the EU, we differentiated … change ; US ; EU …

Persistent link: https://www.econbiz.de/10009235193

Unemployment benefits and reservation wages : key elasticities from a stripped-down job search approach

Addison, John T. (contributor); Centeno, Mário (contributor) - 2008

This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and...

Persistent link: https://www.econbiz.de/10003656936

The productivity impact of R&D investment : a comparison between the EU and the US

Castellani, Davide; Piva, Mariacristina; Schubert, Torben; … - 2016

Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU …-tech sectors. Our results also show that the US/EU productivity gap has worsened during the crisis period, as the EU companies have …

Persistent link: https://www.econbiz.de/10011476418