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This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to...
Persistent link: https://www.econbiz.de/10013155322
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...
Persistent link: https://www.econbiz.de/10013016346
This paper critically discusses the theoretical and empirical literature on the quantitative andqualitative employment impact of technological change, compares the relative explanatorypower of the competing theories, and explains in detail the macro and micro evidence on theissue, with reference...
Persistent link: https://www.econbiz.de/10009486874
In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination … and that the labour market in high technology sectors is more flexible than in low technology sectors. We use this index … that employment in low-technology sectors, with a high degree of trade openness and facing less rigidity in the labour …
Persistent link: https://www.econbiz.de/10013136773
This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … different realizations of firm specific technology shocks, possible leading to default by some firms. The paper advances a new … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined …
Persistent link: https://www.econbiz.de/10013119292
and with the technology level. This paper contributes by bringing together these two views, both theoretically and … empirically. We show that both the degree of openness and the technology level mediate the impact of exchange rate movements on … labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be …
Persistent link: https://www.econbiz.de/10013159338
Are some management practices akin to a technology that can explain company and national productivity, or do they … size-weighted average management score. We present a formal model of "Management as a Technology", and structurally …
Persistent link: https://www.econbiz.de/10012988568
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …
Persistent link: https://www.econbiz.de/10013317198
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions
Persistent link: https://www.econbiz.de/10013324941
.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true …
Persistent link: https://www.econbiz.de/10013127722