Showing 1 - 10 of 11
We provide a unified approach to imperfect (monopolistic, Bertrand and Cournot) competition equilibria with demand functions derived from symmetric preferences over a large but finite number of goods. The equilibrium markups depend on the Morishima Elasticity of Substitution/Complementarity...
Persistent link: https://www.econbiz.de/10011194189
While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little attention. This paper investigates the causes of the evolution of the college wage premium in 12 european countries...
Persistent link: https://www.econbiz.de/10011194200
This paper investigates the "education-total factor productivity trade-off" in explaining per worker income differences between Sub-Saharan (unlucky) and G7 (lucky) economies. Following Hall and Jones (1999) and Caselli (2005), on a country basis, we are able to study separately the dynamic of...
Persistent link: https://www.econbiz.de/10011200016
This paper estimates the causal effect of parental education on children’s education in 13 European countries, using representative data from the Survey of Health, Ageing and Retirement in Europe (SHARE). A novel instrumental variable approach is used to solve the endogeneity issue. We combine...
Persistent link: https://www.econbiz.de/10010907228
The financial deficits of many social security systems caused by ageing populations and stagnating economies are forcing workers to retire later from the labour market. An extended working life combined with rapid technological progress in many sectors, is likely making older workers’ skills...
Persistent link: https://www.econbiz.de/10011194191
Estimating the effect of aging on productivity is a daunting task. First, it requires clean measures of productivity. Second, unobserved heterogeneity at workers, firms and workers/firms level challenges the identification of the age-productivity gradient in cross-sectional data. Finally, the...
Persistent link: https://www.econbiz.de/10004967182
This paper investigates the effect of job mobility and tenure on wage dynamics. In this respect, theory assesses that high job mobility and low tenure are associated to lower wage drop when workers experience a job change. We test this theory first comparing two labour market (i.e. Denmark and a...
Persistent link: https://www.econbiz.de/10005057172
these predictions based on a unique dataset and survey for the German manufacturing sector (the Mannheim Innovation Panel …
Persistent link: https://www.econbiz.de/10009144145
evidence, this paper includes human capital and knowledge in a state-of-the art integrated assessment model. Introducing human … capital makes it possible to assess the interplay between innovation, human capital, climate change, and education policies …. Results indicate that climate policy stimulates a dedicated form of energy-knowledge without reducing generic R&D investments …
Persistent link: https://www.econbiz.de/10008556586
environmental regulation and innovation policy is required. Revenues from economic instruments of environmental regulation can be …
Persistent link: https://www.econbiz.de/10008516724