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Managerial Job Assignment and Imperfect Competition in Asymmetric Equilibrium

Grossmann, Volker - Institute for the Study of Labor (IZA) - 2003

This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms’ performance. Despite an ex ante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms...

Persistent link: https://www.econbiz.de/10005822446

Knowledge Spillovers, ICT and Productivity Growth

Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia - Institute for the Study of Labor (IZA) - 2014

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...

Persistent link: https://www.econbiz.de/10010790516

Public Support for Innovation, Intangible Investment and Productivity Growth in the UK Market Sector

Haskel, Jonathan; Wallis, Gavin - Institute for the Study of Labor (IZA) - 2010

Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other “research” activities, such as software. Second, argument still...

Persistent link: https://www.econbiz.de/10008615440

Outsourcing, Occupational Restructuring, and Employee Well-Being: Is There a Silver Lining?

Böckerman, Petri; Maliranta, Mika - Institute for the Study of Labor (IZA) - 2013

This paper examines the relationship between outsourcing and various aspects of employee well-being by devoting special attention to the role of occupational restructuring as a conveying mechanism. Using linked employer-employee data, we find that offshoring involves job destruction, especially...

Persistent link: https://www.econbiz.de/10010884090

Housing Mobility and Downsizing at Older Ages in Britain and the United States

Banks, James; Blundell, Richard; Oldfield, Zoë; Smith, … - Institute for the Study of Labor (IZA) - 2010

This paper investigates the effects of housing price risk on housing choices over the life-cycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...

Persistent link: https://www.econbiz.de/10008564697

House Price Volatility and the Housing Ladder

Banks, James; Blundell, Richard; Oldfield, Zoë; Smith, … - Institute for the Study of Labor (IZA) - 2010

Persistent link: https://www.econbiz.de/10008564702

Options to Quit

Pfann, Gerard A. - Institute for the Study of Labor (IZA) - 2000

This paper develops a theoretical model of a worker’s decision problem under uncertainty about the optimal separation time, when holding a representative outside offer but facing fixed costs of quitting. Implications of the model’s closed form solution are consistent with the quit behavior...

Persistent link: https://www.econbiz.de/10005703565

Job Loss and Regional Mobility

Huttunen, Kristiina; Moen, Jarle; Salvanes, Kjell G. - Institute for the Study of Labor (IZA) - 2015

It is well documented that displaced workers suffer severe earnings losses, but not why this is so. One reason may be that workers are unable or unwilling to move to regions with better employment opportunities. We study this and find that job displacement increases regional mobility but,...

Persistent link: https://www.econbiz.de/10011143946

Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"

Fossen, Frank M. - Institute for the Study of Labor (IZA) - 2011

A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in … entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy … forgiving personal bankruptcy law are less relevant for wealthy potential entrepreneurs who still risk losing their wealth, but …

Persistent link: https://www.econbiz.de/10008804593

Wage Determination in the U.S. Airline Industry: Union Power under Product Market Constraints

Hirsch, Barry T. - Institute for the Study of Labor (IZA) - 2006

The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health of carriers. Since airline deregulation, compensation...

Persistent link: https://www.econbiz.de/10005822463