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The Link between R&D, Innovation and Productivity : Are Micro Firms Different?
Baumann, Julian - 2016
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel … the probability of reporting innovation, with a larger effect size for product than for process innovations. Moreover …
Persistent link: https://www.econbiz.de/10012999002
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Testing the Correlated Random Coefficient Model
Heckman, James J. - 2009
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
Persistent link: https://www.econbiz.de/10013154992
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Educational Homogamy and Assortative Mating Have Not Increased
Gihleb, Rania - 2016
sensitive to how educational categories are chosen. We also find no evidence that the correlation between spouses' potential …
Persistent link: https://www.econbiz.de/10012977330
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Modelling Volatilities and Conditional Correlations in Futures Markets with a Multivariate T Distribution
Pesaran, Bahram; Pesaran, M. Hashem - 2021
This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by … than by GARCH type volatility estimates. The t-DCC estimation procedure is applied to a portfolio of daily returns on …-DCC specification. The t-DCC model also passes a number of VaR diagnostic tests over an evaluation sample. The estimation results …
Persistent link: https://www.econbiz.de/10013316934
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Exponent of Cross-Sectional Dependence : Estimation and Inference
Bailey, Natalia - 2012
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10013110862
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Management as a Technology?
Bloom, Nicholas - 2016
Are some management practices akin to a technology that can explain company and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the...
Persistent link: https://www.econbiz.de/10012988568
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Age Biased Technical and Organisational Change, Training and Employment Prospects of Older Workers
Behaghel, Luc - 2011
negative impact of ICT and innovative work practices. However, it does not reduce the age bias associated with these innovative … devices: the interaction terms between training and ICT/innovative work practices are either insignificant or negative. As a … second step, we estimate the impact of ICT, innovative work practices and training on employment flows by age group in the …
Persistent link: https://www.econbiz.de/10013128836
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Knowledge Spillovers, ICT and Productivity Growth
Corrado, Carol A. - 2014
member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …
Persistent link: https://www.econbiz.de/10013051449
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Funding Self-Employment : The Role of Consumer Credit
Kneiding, Christoph - 2011
-employed households particularly use personal overdrafts significantly more often than employee households. When analyzing the correlation …
Persistent link: https://www.econbiz.de/10013118523
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Dismissal Protection and Worker Flows in Small Establishments
Bauer, Thomas K.; Bonin, Holger; Bender, Stefan - 2021
Based on a large employer-employee matched data set, the paper investigates the effects of variable enforcement of German dismissal protection legislation on the employment dynamics in small establishments. Specifically, using a difference-in-differences approach, we study the effect of changes...
Persistent link: https://www.econbiz.de/10013319419