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Mind the knowledge gap! : the origins of declining business dynamism in a macro agent-based model
Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014383652
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Labor market sorting in Germany : presented at CESifo Area Conference on Employment and Social Protection, April 2016
Lochner, Benjamin; Schulz, Bastian - 2016
This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to …
Persistent link: https://www.econbiz.de/10011524613
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Product versus process : innovation strategies of multi-product firms
Flach, Lisandra; Irlacher, Michael - 2015
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …
Persistent link: https://www.econbiz.de/10011283837
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Microeconometric evidence of financing frictions and innovative activity
Tiwari, Amaresh K.; Mohnen, Pierre A.; Palm, Franz C.; … - 2014
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10010249680
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Natural resource endowment : a mixed blessing?
Thorvaldur Gylfason - 2011
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource-rich countries. The paper briefly reviews the experience of a few resource-rich countries, highlighting the successes of those that have done well...
Persistent link: https://www.econbiz.de/10009010049
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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver (contributor) - 2007
Persistent link: https://www.econbiz.de/10003623797
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Economies of density, team synergies and unobserved heterogeneity : a study of home care services
Bensaïd, Bernard; Croiset, Solen; Gary-Bobo, Robert - 2022
In the home-care services industry, caregivers drive to visit patients scattered in a district and deliver various care services at the patient's home. We use a unique data set, with a standard panel structure, recording the hours of service and the exact number of miles traveled by each...
Persistent link: https://www.econbiz.de/10013288044
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Nonparametric identification of production function, total factor productivity, and markup from revenue data
Kasahara, Hiroyuki; Sugita, Yoichi - 2020
Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data …
Persistent link: https://www.econbiz.de/10012308513
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Multitasking and wages
Görlich, Dennis; Snower, Dennis J. - 2013
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10009765032
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Incentives and creativity in groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022