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panel GMM system estimation we find positive effects of innovation on employment. This result is robust to the use of …This paper estimates the effect of innovation on employment at the firm level. Our uniquely long innovation panel data … set of German manufacturing firms covers more than 20 years and allows us to use various innovation measures. We can …
Persistent link: https://www.econbiz.de/10013317021
that the payroll tax cut generates long-lasting growth in female employment, reduces the time spent on welfare, and spurs … business growth, without crowding out male employment. By contrast, the tax cut does not raise net wages, suggesting that tax … labor and tackle the gender employment gap, but they are not sufficient for reducing the gender pay gap …
Persistent link: https://www.econbiz.de/10013293026
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector …
Persistent link: https://www.econbiz.de/10012861408
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R … spillovers are primarily of intra-industry type. Notably, these intra-industry remainder spillovers turn out economically more …
Persistent link: https://www.econbiz.de/10013316626
This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...
Persistent link: https://www.econbiz.de/10013317452
When Ecuador raised its monthly Unified Minimum Wage from $170 to $200 in 2008, it affected 35 percent of all private sector workers. We use this unexpected minimum wage hike under former president Rafael Correa to assess the labor market impacts of the minimum wage. We use an administrative...
Persistent link: https://www.econbiz.de/10013235105
indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to … keep employment constant). We show for a sample of 17 OECD countries for the period 1971 to 2002 that the strictness of … employment protection raises the employment threshold in all econometric specifications. A higher wage bargaining coordination …
Persistent link: https://www.econbiz.de/10013316632
school graduates accumulated 2.8 quarters more private employment. However, because they substitute private for public and … self-employment, overall employment does not increase but is still better paid. For high school dropouts, no persistent …
Persistent link: https://www.econbiz.de/10014244086
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the …
Persistent link: https://www.econbiz.de/10013218286
This paper analyses the short- and long-run effects of trade openness on financial development in a panel including … openness tends to strengthen financial development in the long run but to have an adverse effect in the short run. By contrast …
Persistent link: https://www.econbiz.de/10013227601