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Human Capital and Productivity in Manufacturing during the Twentieth Century: Britain, Germany and the United States

Broadberry, Stephen N; Wagner, Karin - C.E.P.R. Discussion Papers - 1994

overall production strategy and productivity trends. In the United States a strategy of standardized mass production led to … high levels of labour productivity and concentration on the development of managerial capabilities, but neglect of the … environment. British manufacturing also adopted an American style `mission oriented' approach to R&D in contrast to the German …

Persistent link: https://www.econbiz.de/10005136671

Scattered Trust - Did the 2007-08 financial crisis change risk perceptions?

Füss, Roland; Gehrig, Thomas; Rindler, Philipp B - C.E.P.R. Discussion Papers - 2011

The paper investigates whether the financial crisis did affect risk perceptions, and, hence, change structural parameters. By decomposing credit spreads of US corporate bonds into the contributions by credit, equity, and liquidity risk factors as well as structural change, the relative...

Persistent link: https://www.econbiz.de/10009399718

Are There Asymmetries in the Effects of Training on the Conditional Male Wage Distribution?

Arulampalam, Wiji; Booth, Alison L; Bryan, Mark L - C.E.P.R. Discussion Papers - 2004

We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...

Persistent link: https://www.econbiz.de/10005124003

Doctors without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel

Kugler, Adriana D.; Sauer, Robert M - C.E.P.R. Discussion Papers - 2003

Re-licensing requirements for professionals that move across borders are widespread. In this Paper, we measure the returns to an occupational license using novel data on Soviet trained physicians that immigrated to Israel. An immigrant re-training assignment rule used by the Israel Ministry of...

Persistent link: https://www.econbiz.de/10005136637

Runs on Money Market Funds

Schmidt, Lawrence; Timmermann, Allan G; Wermers, Russ - C.E.P.R. Discussion Papers - 2014

We study daily money market mutual fund flows at the individual share class level during the crisis of September 2008. The empirical approach that we apply to this fine granularity of data brings new insights into the investor and portfolio holding characteristics that are conducive to run-risk...

Persistent link: https://www.econbiz.de/10011084019

The Role of Background Factors for Reading Literacy: Straight National scores in the Pisa 2000 Study

Fertig, Michael; Schmidt, Christoph M - C.E.P.R. Discussion Papers - 2002

Based on the individual-level data of the PISA 2000 study, this Paper provides a detailed econometric analysis of the way that reading test scores are associated with individual and family background information, and with characteristics of the school and class of the 15 to 16 year old...

Persistent link: https://www.econbiz.de/10005666771

Corporate Growth and FDI: Are Multinationals Stimulating Local Industrial Development?

Fotopoulos, Georgios; Louri-Dendrinou, Eleni - C.E.P.R. Discussion Papers - 2002

structure, while quantile regression techniques as more suitable to the data available (2640 manufacturing firms operating in …

Persistent link: https://www.econbiz.de/10005788884

Foreign Languages and Trade

Fidrmuc, Jan; Fidrmuc, Jarko - C.E.P.R. Discussion Papers - 2009

Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries....

Persistent link: https://www.econbiz.de/10005791825

Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework

Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2011

manufacturing. Using a unique industry dataset compiled from EU KLEMS and PATSTAT, it explores which countries and industries reveal … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …

Persistent link: https://www.econbiz.de/10009321843

Wage Gaps and Job Sorting in African Manufacturing

Benhassine, Najy; Fafchamps, Marcel; Söderbom, Måns - C.E.P.R. Discussion Papers - 2006

Using matched employer-employee data from eleven African countries, we investigate if there is job sorting in African labor markets. We find that much of the wage gap correlated with education is driven by selection across occupations and firms. This is consistent with educated workers being...

Persistent link: https://www.econbiz.de/10005136733

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