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The Productivity Impact of R&D Investment : A Comparison between the EU and the US
Castellani, Davide - 2016
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
Persistent link: https://www.econbiz.de/10012990873
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Inequality During the Early Years : Child Outcomes and Readiness to Learn in Australia, Canada, United Kingdom, and United States
Bradbury, Bruce - 2011
the age of about five years in Australia, Canada, the United Kingdom and the United States. We study a series of child … but the disparities are notably greater in the United States and the United Kingdom than in Australia, and particularly in … with SES across countries. While the smallest SES gaps are found in Australia and Canada for both types of outcome …
Persistent link: https://www.econbiz.de/10013118038
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Total Reward in the UK in the Public and Private Sectors
Danzer, Alexander M. - 2011
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10013126136
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Low Pay Persistence in European Countries
Clark, Kenneth - 2009
Using panel data for twelve European countries over the period 1994-2001 we estimate the extent of state dependence in low pay. Controlling for observable and unobservable heterogeneity as well as the endogeneity of initial conditions we find positive, statistically significant state dependence...
Persistent link: https://www.econbiz.de/10013159505
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Are Covid Fatalities in the Us Higher than in the EU, and If so, Why?
Aparicio Fenoll, Ainoa - 2020
The COVID crisis has severely hit both the United States and the European Union. Even though they are the wealthiest regions in the world, they differ substantially in economic performance, demographic characteristics, type of government, health systems, and measures undertaken to counteract...
Persistent link: https://www.econbiz.de/10012823302
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Unemployment Benefits and Reservation Wages : Key Elasticities from a Stripped-Down Job Search Approach
Addison, John T.; Centeno, Mário; Portugal, Pedro - 2021
This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and...
Persistent link: https://www.econbiz.de/10013324849
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Comparing Labor Supply Elasticities in Europe and the US : New Results
Bargain, Olivier - 2012
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10013103467
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Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States 2006–2016
Jauer, Julia - 2018
We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using...
Persistent link: https://www.econbiz.de/10012926723
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Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Christiano, Lawrence J. - 2007
The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...
Persistent link: https://www.econbiz.de/10012776610
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Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States
Jauer, Julia - 2014
The question of whether migration can be an equilibrating force in the labour market is an important criterion for an optimal currency area. It is of particular interest currently in the context of high and rising levels of labour market disparities, in particular within the Eurozone where there...
Persistent link: https://www.econbiz.de/10013059674