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The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not straightforward which type of spillovers is most effective: intra-sectoral spillovers or inter-sectoral spillovers. We investigate this controversy using a model of regional...
Persistent link: https://www.econbiz.de/10011326960
Trade unions tend to reduce the dispersion of wages among their members. Skilled workers may therefore have an incentive to separate from an encompassing union and organize into a separate craft union. In this paper, we examine a theoretical model to gain insight into the determinants of the...
Persistent link: https://www.econbiz.de/10011332817
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This paper studies road safety and accident externalities when insurance companies have market power, and can influence … technology choice. While a private monopolist internalizes accident externalities up to the point where compensations to users … externalities that their customers impose upon one another. Therefore, non-optimal premiums as well as speed and technology control …
Persistent link: https://www.econbiz.de/10010477906
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-the-job search. Besides the well-known congestion externalities, we show that on-the-job search in combination with monopsonistic …
Persistent link: https://www.econbiz.de/10011346489
Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings...
Persistent link: https://www.econbiz.de/10011348716
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10011377391
Persistent link: https://www.econbiz.de/10010191243
Do workers in multinational enterprises (MNEs) build stronger CVs? We track the careers of all workers entering the Dutch labor market over the years 2006-2021 and find large and portable wage premia of MNE employment experience. Workers with experience at MNEs instead of domestic firms earn up...
Persistent link: https://www.econbiz.de/10014457877