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Acemoglu, Daron; Pischke, Jörn-Steffen - Centre for Economic Performance, LSE - 2002

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...

Persistent link: https://www.econbiz.de/10005016812

Childhood Sporting Activities and Adult Labour-Market Outcomes

Cabane, Charlotte; Clark, Andrew E. - Centre for Economic Performance, LSE - 2013

We here ask whether sports participation at school is positively correlated with adult labour-market outcomes. There are many potential channels for this effect, although, as usual, identifying a causal relationship is difficult. We appeal to two widely-separated waves of Add Health data to map...

Persistent link: https://www.econbiz.de/10010722842

Cities, Matching and the Productivity Gains of Agglomeration

Andersson, Fredrik; Burgess, Simon; Lane, Julia - Centre for Economic Performance, LSE - 2004

The striking geographical concentration of economic activities suggests that there are substantial benefits toagglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a newdataset to quantify the role of one of the main contenders - the matching of...

Persistent link: https://www.econbiz.de/10005670635

Innovation in Business Groups

Belenzon, Sharon; Berkovitz, Tomer - Centre for Economic Performance, LSE - 2007

Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …

Persistent link: https://www.econbiz.de/10005151051

Motivation and Sorting in Open Source Software Innovation

Belenzon, Sharon; Schankerman, Mark - Centre for Economic Performance, LSE - 2008

innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …

Persistent link: https://www.econbiz.de/10005670637

Innovation, Reallocation and Growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010655943