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...

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...

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...

The civil war in Syria has culminated into major refugee crises in its neighboring countries. By the end of 2013 more than half a million people were seeking shelter in cities and refugee camps in Turkey. We analyze how the Syrian refugee influx in Turkey has affected food and housing prices,...

Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises – more so in domestically owned...

Das deutsche Bildungssystem steht ungeachtet diverser Reformanstrengungen in der jüngeren Vergangenheit weiter vor großen Herausforderungen: Im internationalen Vergleich fehlt es an sozialer Chancengleichheit im Verlauf der Bildungskarrieren, und für eine "Bildungsnation" nehmen sich die...

(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...

Der demografische Wandel zwingt Deutschland zu empfindlichen Korrekturen seiner Politik auf allen Ebenen. Dies gilt auch für eine Reform der Zuwanderungspolitik mit dem Ziel, sie am tatsächlichen Bedarf auszurichten und selektiv zu gestalten. Eine gezielte Auswahl von Zuwanderern anhand...

While a growing literature has analyzed the effects of parental migration on the educational outcomes of children left behind, this is the first study to highlight the importance of sibling interactions in such a context. Using panel data from the RUMiC Survey, we find that sibling influence on...