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This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of …
Persistent link: https://www.econbiz.de/10009225958
The geographical sources of innovation of firms have been hotly debated. While the traditional view is that physical proximity within city-regions is key for the innovative capacity of firms, the literature on ‘global pipelines’ has been stressing the importance of establishing communication...
Persistent link: https://www.econbiz.de/10008854504
and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is …
Persistent link: https://www.econbiz.de/10011084534
the arguments presented also apply to Norway. The paper also discusses briefly, similar market solutions to problems …
Persistent link: https://www.econbiz.de/10005789101
Failure in the training market may result from credit constraints and the inability to insure against labour income uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper constructs a model of a training market affected by...
Persistent link: https://www.econbiz.de/10005498076
While climate change is likely to increase weather risks in many developing countries, there is little evidence on effective policies to facilitate adaptation. This paper presents experimental evidence on a program in rural Nicaragua aimed at improving households’ risk-management through...
Persistent link: https://www.econbiz.de/10011084056
cornerstone of labor market policy. We analyze its causal effects on the individual transition rate from unemployment to … unemployment spells for many individuals. The results indicate a large significantly positive effect on exit to work shortly after … the program, the effect on the mean unemployment duration is often close to zero. …
Persistent link: https://www.econbiz.de/10005661564
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU …
Persistent link: https://www.econbiz.de/10011272719
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up (“high-leverage firms”) exhibit a significantly larger decline in employment in...
Persistent link: https://www.econbiz.de/10011252614
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers’ reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to...
Persistent link: https://www.econbiz.de/10009246610