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In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …
Persistent link: https://www.econbiz.de/10010791522
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One …
Persistent link: https://www.econbiz.de/10005703768
(Title: Active Labor Market Policy and its Evaluation: The Current State of Affairs) Despite the considerable effort and the large financial expenditures spent on measures of Active Labor Market Policy in Germany, relatively little is known about their actual impact. To the contrary, past...
Persistent link: https://www.econbiz.de/10005703776
Italy has an immobile social structure. At the heart of this immobility is the educational system, with its high direct …
Persistent link: https://www.econbiz.de/10009325423
This article summarizes three different strands of the literature that address the labor market effects of language-related human capital. (1) A general importance is demonstrated in the empirical evidence on earnings and employment effects of literacy as the ability to productively use written...
Persistent link: https://www.econbiz.de/10010959721
This paper examines how productivity effects of human capital and innovation vary at different points of the … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 … are more dispersed in the Netherlands. In both countries, we observe non-linearities in the productivity effects of …
Persistent link: https://www.econbiz.de/10010959824
This paper is no longer available.
Persistent link: https://www.econbiz.de/10010552468
Using a unique longitudinal representative survey of both manufacturing and nonmanufacturing businesses in the United States during the 1990’s, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...
Persistent link: https://www.econbiz.de/10005703412
) and objective data on productivity, profits and establishment survival. We establish that workplace education and training …
Persistent link: https://www.econbiz.de/10005822352