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Venture Capital Investment and Labor Market Performance: A Panel Data Analysis

Belke, Ansgar; Fehn, Rainer; Foster, Neil - CESifo - 2002

Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...

Persistent link: https://www.econbiz.de/10005406083

Does Venture Capital Investment Spur Employment Growth?

Belke, Ansgar; Fehn, Rainer; Foster, Neil - CESifo - 2003

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10005406087

Institutions and Structural Unemployment: Do Capital-Market Imperfections Matter?

Belke, Ansgar; Fehn, Rainer - CESifo - 2001

This paper analyzes whether differences in institutional structures on capital markets contribute to explaining why some OECD-countries, in particular the Anglo-Saxon countries, have been much more successful over the last two decades in producing employment growth and in reducing unemployment...

Persistent link: https://www.econbiz.de/10005406272

Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?

Fehn, Rainer; Fuchs, Thomas - CESifo - 2003

This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a cross-country panel data analysis to examine how venture capital investment influences disaggre-gate unemployment....

Persistent link: https://www.econbiz.de/10005406335

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306

Has Creative Destruction Become More Destructive?

Komlos, John - CESifo - 2014

Schumpeter’s concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with...

Persistent link: https://www.econbiz.de/10010888453

Property Rights, Optimal Public Enforcement, and Growth

Irmen, Andreas; Kuehnel, Johanna - CESifo - 2011

We study the link between public enforcement of property rights, innovation investments, and economic growth in an endogenous growth framework with an expanding set of product varieties. We find that a government may assure positive equilibrium growth through public employment in the enforcement...

Persistent link: https://www.econbiz.de/10009386354

The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects

Tang, Tian; Popp, David - CESifo - 2014

The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...

Persistent link: https://www.econbiz.de/10010752785

The Role of Standards in Eco-innovation: Lessons for Policymakers

Vollebergh, Herman R. J.; Werf, Edwin van der - CESifo - 2013

This paper aims to help policy makers identify how standards can contribute to the effective and cost-efficient development and deployment of eco-innovations (innovations that result in a reduction of environmental impact). To that end we discuss what standards are, how the process of...

Persistent link: https://www.econbiz.de/10010667411

The Division of Labor and the Market for Organizations

Lindbeck, Assar; Snower, Dennis - CESifo - 2000

The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the...

Persistent link: https://www.econbiz.de/10005094166

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