Showing 1 - 10 of 45
This paper investigates the impact of innovation on employment using a panel of UK manufacturing firms and a headcount … bargains. Innovation is found to have positive effect on company employment raising it by 9--12% in the short run and up to 40 … bargaining models. It also argues that the innovation effect can be used to distinguish between shirking models and union …
Persistent link: https://www.econbiz.de/10005067666
This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...
Persistent link: https://www.econbiz.de/10005504680
The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005662207
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures … efficiency" (AWE). Thereby we can identify policies that (a)improve employment and welfare, (b)do not raise earnings inequality …
Persistent link: https://www.econbiz.de/10005666681
The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....
Persistent link: https://www.econbiz.de/10005504765
This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices …&D, innovation, technological diffusion and productivity growth. North American results find consistently strong and negative impacts …
Persistent link: https://www.econbiz.de/10005504563
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005661518
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10005666847
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy prescriptions rest on different macroeconomic theories, and our...
Persistent link: https://www.econbiz.de/10005136538