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Inequality of Earnings
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
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Outsourcing, Offshoring and Innovation: Evidence from Firm-level Data for Emerging Economies
Fritsch, Ursula; Görg, Holger - C.E.P.R. Discussion Papers - 2013
investigates the link between outsourcing and innovation empirically using firm-level data for over 20 emerging market economies …
Persistent link: https://www.econbiz.de/10011084498
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Green innovations and organisational change: making better use of environmental technology
Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2012
The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...
Persistent link: https://www.econbiz.de/10011084545
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Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data
Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010
sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …
Persistent link: https://www.econbiz.de/10008468596
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Small Firms and R&D Spillovers: Evidence from Italy
Audretsch, David B; Vivarelli, Marco - C.E.P.R. Discussion Papers - 1994
more important for small-firm innovation than for their larger counterparts. …
Persistent link: https://www.econbiz.de/10005497984
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When Does Labor Scarcity Encourage Innovation?
Acemoglu, Daron - C.E.P.R. Discussion Papers - 2009
environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …
Persistent link: https://www.econbiz.de/10005791910
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A New Index of Currency Mismatch and Systemic Risk
Rancière, Romain; Tornell, Aaron; Vamvakidis, Athanasios - C.E.P.R. Discussion Papers - 2011
This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to unhedged borrowers. This measure explicitly takes into account the indirect exchange rate risk that banks undertake when they lend to borrowers that will not be able to repay in the...
Persistent link: https://www.econbiz.de/10008854496
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Explaining the Migration of Stocks from Exchanges in Emerging Economies to International Centres
Claessens, Stijn; Klingebiel, Daniela; Schmukler, Sergio - C.E.P.R. Discussion Papers - 2002
We study the determinants of stock market development and the growing migration of capital raising, listing and trading activity to international exchanges. Economies with higher income per capita, sounder macro policies, more efficient legal systems with better shareholder protection, and more...
Persistent link: https://www.econbiz.de/10005666902
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Finance and Growth: When Does Credit Really Matter?
Coricelli, Fabrizio; Roland, Isabelle - C.E.P.R. Discussion Papers - 2008
The paper provides a simple theory and empirical evidence on the asymmetric effect of credit markets on output decline and output growth. When credit markets are underdeveloped and enterprise activity is financed outside the banking sector, exogenous shocks may induce a break-up of both credit...
Persistent link: https://www.econbiz.de/10005789097
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Flexible Wages Systems and the Structure of Wages: Evidence from Matched Employer-Employee Data
Bauer, Thomas; Bender, Stefan - C.E.P.R. Discussion Papers - 2001
A growing theoretical and empirical literature is concerned with the effects of flexible workplace systems or High Performance Work Organizations (HPWOs) on wages. Existing theoretical literature suggests that these forms of organization should lead to higher inequality across firms, increased...
Persistent link: https://www.econbiz.de/10005504382