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Should Continued Family Firms Face Lower Taxes than Other Estates?

Grossmann, Volker - 2009

Inheritance taxes may induce heirs to discontinue family firms. Because firm dissolution incurs transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint. The support of dynastic succession, however, entails also a cost...

Persistent link: https://www.econbiz.de/10012766594

The Impact of Continuous Training on a Firm's Innovations

Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - 2021

implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …

Persistent link: https://www.econbiz.de/10013316553

Competing engines of growth : innovation and standardization

Acemoglu, Daron; Gancia, Gino Alessandro; Zilibotti, … - 2010

Persistent link: https://www.econbiz.de/10003966377

Where Do You Come from, where Do You Go? Assessing Skills Gaps and Labour Market Outcomes of Young Adults with Different Immigration Backgrounds

Cathles, Alison - 2018

This paper analyzes numeracy and literacy skills of migrants, using PISA and PIAAC data from twelve OECD countries. Our results first show some convergence of the skills gap between the second generation immigrants and the natives over time. Second, the gap in literacy skills among the...

Persistent link: https://www.econbiz.de/10012911040

Analyzing Educational Achievement Differences between Second-Generation Immigrants : Comparing Germany and German-Speaking Switzerland

Kunz, Johannes - 2014

In this study, I provide evidence that the educational achievement of second-generation immigrants in German-speaking Switzerland is greater than in Germany. The impact of the first-generation immigrants' destination decision on their offspring's educational achievement seems to be much more...

Persistent link: https://www.econbiz.de/10013044666

Self-Confirming Immigration Policy

Giordani, Paolo E. - 2012

We study immigration policy in a small receiving economy under self-selection of migrants. We show that a non-discriminatory immigration policy choice affects and is affected by the migratory decisions of skilled and unskilled foreign workers. From this interaction multiple equilibria may arise,...

Persistent link: https://www.econbiz.de/10013108468

Performance of Young Adults : The Importance of Different Skills

Falch, Torberg - 2013

This paper uses teacher assessments at age 16 in Norwegian comprehensive schools to measure different types of skills. While we follow the literature and interpret test scores in Mathematics and Science as proxy for cognitive skills, we use a novel measure for another type of skills: Performance...

Persistent link: https://www.econbiz.de/10013086043

Surfing Alone? The Internet and Social Capital - Evidence from an Unforeseeable Technological Mistake

Bauernschuster, Stefan - 2014

Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging unique telecommunication data with geo-coded German individual-level data, we investigate how broadband Internet affects several dimensions of social capital. One...

Persistent link: https://www.econbiz.de/10013067943

Labor Market Institutions and the Cost of Recessions

Krebs, Tom - 2017

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...

Persistent link: https://www.econbiz.de/10012964065

Heterogeneous Workers, Trade, and Migration

Heiland, Inga - 2013

We argue that the narrative of variety-induced gains from trade in differentiated goods needs revision. If producing differentiated varieties of a good requires differentiated skills and if the work force is heterogeneous in these skills, then firms are likely to have monopsony power. We show...

Persistent link: https://www.econbiz.de/10013075986