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Minimum Wages and On-the-Job Training
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
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The Impact of Vocational Qualifications on the Labour Market Outcomes of Low-Achieving School-Leavers
McIntosh, Steven - Centre for Economic Performance, LSE - 2004
This paper creates a pseudo cohort of individuals who left school in the mid-1990s, usingLabour Force Survey. The extent of low achievement at school amongst this group isdocumented, and then the impact of such low achievement on labour force status is estimated.The main focus of the paper is...
Persistent link: https://www.econbiz.de/10005797155
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The Returns to Apprenticeship Training
McIntosh, Steven - Centre for Economic Performance, LSE - 2004
This paper uses recent data from the UK Labour Force Survey to estimate the wage gains thatindividuals make on average if they complete an apprenticeship programme. The resultssuggest gains of around 5-7% for men, but no benefit for women. Further analysis extendsthe results by considering the...
Persistent link: https://www.econbiz.de/10005797208
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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
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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
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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