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Permanent Wage Cost Subsidies for Older Workers. An Effective Tool for Increasing Working Time and Postponing Early Retirement?
Albanese, Andrea; Cockx, Bart - CESifo - 2015
In several OECD countries age-targeted wage subsidies have been introduced to increase the employment of older workers, but evidence on their effectiveness is scarce. This paper examines the effects of a permanent wage cost subsidy in Belgium on the employment rate, working time and hourly wage....
Persistent link: https://www.econbiz.de/10011257679
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Capital Accumulation and Unemployment: A Tale of Two "Continents"
Malley, Jim; Moutos, Thomas - CESifo - 2000
In contrast to much recent work regarding the causes of European unemployment, in this paper, we emphasise the importance of capital accumulation. But unlike the few previous studies which have examined the relationship between capital accumulation and unemployment, we argue that what matters...
Persistent link: https://www.econbiz.de/10005405890
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Work Organization, Wage Pressure in the Secondary Labor Market, and the Green Card
Falkinger, Josef; Grossmann, Volker - CESifo - 2001
Two trends have marked the politico-economic discussion in many industrialized countries in recent years. On the one hand, international production, workplace decentralization, shareholder orientation and generous manager remuneration have changed the face of firms in the primary economy. On the...
Persistent link: https://www.econbiz.de/10005196278
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Redistribution and Occupational Choice in a Schumpeterian Growth Model
Wen, Jean-François; García-Peñalosa, Cecilia - CESifo - 2004
We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …
Persistent link: https://www.econbiz.de/10005405717
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Venture Capital Backed Growth
Keuschnigg, Christian - CESifo - 2002
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10005405803
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The Impact of Continuous Training on a Firm’s Innovations
Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - CESifo - 2008
Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …
Persistent link: https://www.econbiz.de/10005405807
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Heavyweights – The Impact of Large Businesses on Productivity Growth
Falck, Oliver - CESifo - 2007
The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10005405979
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Does Innovation Cause Exports? Evidence from Exogenous Innovation Impulses and Obstacles
Lachenmaier, Stefan; Woessmann, Ludger - CESifo - 2004
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … exogenous to firms’ export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …
Persistent link: https://www.econbiz.de/10005406266
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Immigration and Entrepreneurship
Fairlie, Robert W.; Lofstrom, Magnus - CESifo - 2015
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …
Persistent link: https://www.econbiz.de/10011257678