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Capital market institutions and venture capital : do they affect unemployment and labour demand?

Fehn, Rainer; Fuchs, Thomas - 2003

This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a cross-country panel data analysis to examine how venture capital investment influences disaggre-gate unemployment....

Persistent link: https://www.econbiz.de/10011506487

Fairness in winner-take-all markets

Bartling, Björn; Cappelen, Alexander W.; Ekström, Mathias - 2018

The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from … winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in … object less to certain types of extreme income inequality than commonly assumed. …

Persistent link: https://www.econbiz.de/10011847544

Inequality of opportunity and income redistribution

Preuß, Marcel; Reyes, Germán; Somerville, Jason; Wu, Joyce - 2023

We examine how people redistribute income when there is uncertainty about the role luck plays in determining … whether luck magnified workers' effort ("lucky opportunities") or determined workers' income directly ("lucky outcomes"). We …

Persistent link: https://www.econbiz.de/10014251993

(In-)equality of opportunity, fairness, and distributional preferences

Fehr, Dietmar; Müller, Daniel; Preuß, Marcel - 2022

-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income …

Persistent link: https://www.econbiz.de/10013411680

Measuring unfair inequality : reconciling equality of opportunity and freedom from poverty

Hufe, Paul; Kanbur, Ravi; Peichl, Andreas - 2018

Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this …

Persistent link: https://www.econbiz.de/10011864650

Does venture capital investment spur employment growth?

Belke, Ansgar; Fehn, Rainer; Foster-McGregor, Neil - 2003

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10011507850

Venture capital investment and labor market performance : a panel data analysis

Belke, Ansgar; Fehn, Rainer; Foster-McGregor, Neil - 2002

Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...

Persistent link: https://www.econbiz.de/10011408964

Financing entrepreneurial firms in Europe : facts, issues, and research agenda

Bottazzi, Laura; Da Rin, Marco - 2003

During the latter part of the 1990s the introduction of the euro, the dramatic increase in the supply of venture capital in most EU countries, and the creation of several new equity markets targeted at innovative firms have dramatically transformed the financing prospects of European...

Persistent link: https://www.econbiz.de/10011507965

Privatizations spark socialist backlash : evidence from East Germany's transformation

Hager, Anselm; Hennicke, Moritz; Krause, Werner; … - 2022

The fall of the Berlin Wall in 1989 brought the end of socialism, yet pro-socialist sentiment regained momentum surprisingly quickly across Eastern Europe. Why did voters move back to an ideology that was associated with unfree elections and lackluster economic performance? This paper points to...

Persistent link: https://www.econbiz.de/10013418954

Globalization and social justice in OECD countries

Kauder, Björn; Potrafke, Niklas - 2015

Social justice is a topic of importance to social scientists and also political decision makers. We examine the relationship between globalization and social justice as measured by a new indicator for 31 OECD countries. The results show that countries that experienced rapid globalization enjoy...

Persistent link: https://www.econbiz.de/10010479925

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