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Precocious inventors : early patenting success and lifetime inventive performance

Michlbauer, Theresa; Zwick, Thomas - 2021

This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...

Persistent link: https://www.econbiz.de/10012510353

Innovations induce asymmetric employment movements

Zwick, Thomas - 1999

This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...

Persistent link: https://www.econbiz.de/10013428248

Empirical determinants of employee resistance against innovations

Zwick, Thomas - 2000

representative evidence on the impact of the economic environment on employee opposition against the implementation of an innovation … innovation is an increase in employee performance, the firm experiences higher resistance, while resistance is lower in firms … aiming at increasing the product range by the innovation. Profit and turn over expectations of the firm and the outside …

Persistent link: https://www.econbiz.de/10013428344

Outside options drive wage inequalities in continuing jobs : evidence from a natural experiment

Lukesch, Veronika; Zwick, Thomas - 2021

The literature on wage bargaining so far mainly argues that unemployment benefits are relevant outside options for employees. This paper demonstrates that also a change in outside wage options drives wages in continuing jobs. The authors use the natural experiment of a crafts reform that reduces...

Persistent link: https://www.econbiz.de/10012421893

Human capital creates insider power

Muysken, John; Zwick, Thomas - 1999

This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...

Persistent link: https://www.econbiz.de/10013428249

Wage divergence and unemployment : the impact of insider power and training costs

Muysken, Joan - 2000

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...

Persistent link: https://www.econbiz.de/10013428334