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Venture Capital Investment and Labor Market Performance: New Empirical Evidence for OECD Countries
Belke, Ansgar; Schaal, Andreas - Institute for the Study of Labor (IZA) - 2004
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 and Japan being possibly inferior to stockmarket based financial …
Persistent link: https://www.econbiz.de/10005822244
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Defending Gibrat’s Law as a Long-Run Regularity
Lotti, Francesca; Santarelli, Enrico; Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2007
According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. While earlier studies tended to confirm the Law, more recent research generally rejects it. This paper reconciles these two streams of...
Persistent link: https://www.econbiz.de/10005763509
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Constrained Firms, Not Subsistence Activities: Evidence on Capital Returns and Accumulation in Peruvian Microenterprises
Göbel, Kristin; Grimm, Michael; Lay, Jann - Institute for the Study of Labor (IZA) - 2012
We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...
Persistent link: https://www.econbiz.de/10010627842
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Evidence and Persistence of Education Inequality in an Early-Tracking System: The German Case
Krause, Annabelle; Schüller, Simone - Institute for the Study of Labor (IZA) - 2014
This article reviews empirical evidence on the early tracking system in Germany and the educational inequalities …
Persistent link: https://www.econbiz.de/10010990917
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Sufficient Statistic or Not? The Elasticity of Taxable Income in the Presence of Deduction Possibilities
Doerrenberg, Philipp; Peichl, Andreas; Siegloch, Sebastian - Institute for the Study of Labor (IZA) - 2014
several tax reforms that were implemented in Germany between 2001 and 2008. Our baseline estimates indicate an overall ETI of …
Persistent link: https://www.econbiz.de/10010990918
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Documentation IZAΨMOD v3.0: The IZA Policy Simulation Model
Loeffler, Max; Peichl, Andreas; Pestel, Nico; Siegloch, … - Institute for the Study of Labor (IZA) - 2014
This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model uses household microdata from the German Socio-Economic Panel Study and firm data from the German linked employer-employee dataset LIAB. IZAΨMOD consists of three components:...
Persistent link: https://www.econbiz.de/10010990920
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The Dynamics of Social Assistance Benefit Receipt in Germany: State Dependence Before and After the 'Hartz Reforms'
Königs, Sebastian - Institute for the Study of Labor (IZA) - 2014
In this article, I study state dependence in social assistance receipt in Germany using annual survey data from the … persistence rates and the absolute level of structural state dependence are higher in Eastern Germany than in Western Germany. I …
Persistent link: https://www.econbiz.de/10010884120
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Do Literacy and Numeracy Pay Off? On the Relationship between Basic Skills and Earnings
Antoni, Manfred; Heineck, Guido - Institute for the Study of Labor (IZA) - 2012
Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well as...
Persistent link: https://www.econbiz.de/10010884134
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Not So Standard Anymore? Employment Duality in Germany
Eichhorst, Werner; Tobsch, Verena - Institute for the Study of Labor (IZA) - 2014
on the changing patterns of labour market segmentation or 'dualization' of employment in Germany. While labour market … duality in Germany can partially be attributed to labour market reforms promoting, in particular, non-standard forms of … contributed to the expansion of overall labour market inclusion and job growth in Germany and that at least some forms of non …
Persistent link: https://www.econbiz.de/10010884164
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Central School Exit Exams and Labor-Market Outcomes
Piopiunik, Marc; Schwerdt, Guido; Woessmann, Ludger - Institute for the Study of Labor (IZA) - 2012
Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...
Persistent link: https://www.econbiz.de/10010884252