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This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...
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density and productivity and wages has long been established in the economic literature, less is known about the effects of … supply of university graduates on wages, i.e. the social return to education. …
Persistent link: https://www.econbiz.de/10010374568
This paper studies the impact of routine job tasks on workers wages in the German labour market. Using nationally … associated with workers hourly wages; the negative effect of routine tasks is most pronounced in high-skilled non …-intensity of the workers' own occupation in 1979. The estimation procedure rests on the assumption that the two instruments are …
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We focus on the dynamic relation between wage increases, promotions and job changes. We relate our empirical analyses to the theoretical model of Gibbons and Waldman (1999). In the empirical analyses we use the Portuguese matched employer-employee data Quadros de Pessoal. We conclude from...
Persistent link: https://www.econbiz.de/10011349718
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10011334346