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We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
Persistent link: https://www.econbiz.de/10005097880
We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings structure. Potential effects of intensified international competition and skill?biased...
Persistent link: https://www.econbiz.de/10005097972
investigate the relationship between exports and productivity. Our overall results are in line with the big picture that is by now … controlled for, and these exporter productivity premia tend to increase with the share of exports in total sales; there is strong … government report higher productivity premia. However, the level of development per se does not appear to be an explanation for …
Persistent link: https://www.econbiz.de/10005098040
?intensive firms. Comparing the impacts on productivity and wage costs shows that ICT raise the profitability of training high …
Persistent link: https://www.econbiz.de/10005097535
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10005097622
The financial and non-financial involvement of venture capitalists is supposed to be positively correlated with firm performance. This paper deals with the evaluation of the impact of venture capitalists on employment growth of new founded firms. Differences between high-tech and low-tech...
Persistent link: https://www.econbiz.de/10005098230
This paper analyzes the relationship of ownership concentration and firm performance in the context of different institutional environments in 28 Central and Eastern European transition economies. Using the BEEPS data for the period from 2002 to 2009 we find an inverted u-shaped relation of...
Persistent link: https://www.econbiz.de/10008794610
The viability of modern open science norms and practices depend on public disclosure of new knowledge, methods, and materials. Aggregate data from the OECD show a broad shift in the institutional financing structure that supports academic research from public to private sponsorship. This paper...
Persistent link: https://www.econbiz.de/10008869222
Universal child care that is available, affordable and of good quality is regarded as a key instrument of a country's social and labor market policy. As full public involvement in the provision of child care is costly, licensing non-public providers can enlarges parental choice and relieve...
Persistent link: https://www.econbiz.de/10008646448
Institutional early childhood education and care can be funded and delivered in various ways relying on both the public and the private sector. The provision of childcare ranges from public operation to mixed markets with public and private providers to considerably marketised systems with...
Persistent link: https://www.econbiz.de/10005097746