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We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...
Persistent link: https://www.econbiz.de/10013099746
two (input and output) dimensions of innovation into a unique efficiency perspective. To this aim, the impact of public … sample of firm-level data drawn from the third Italian Community Innovation Survey (CIS). A bivariate endogenous switching … the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust …
Persistent link: https://www.econbiz.de/10013067882
1999-2004 and measure innovation performance by the (value-adjusted) number of patent applications at the European Patent … firms as well as immobile workers on the innovation performance of their employer. Our main result is that mobile university … scientists contribute substantially more to innovation than R&D workers hired from other firms who, in turn, contribute slightly …
Persistent link: https://www.econbiz.de/10013068037
, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are …
Persistent link: https://www.econbiz.de/10012940861
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10013248072
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an … improve the effectiveness of government support for innovation …
Persistent link: https://www.econbiz.de/10014241969
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their misfortune, while they allow them to enjoy the fruits of their effort. Such fairness considerations have been introduced in political economy and optimal income tax models with a...
Persistent link: https://www.econbiz.de/10013134816
Massive cross-sectional evidence exists indicating that children of more educated parents outperform their schoolmates. However, evidence for causal interpretation of this association is weak. We examine a causal relationship using two approaches for identification within the same data: cousins...
Persistent link: https://www.econbiz.de/10013134988
exploiting a reform that increased paid and unpaid maternity leave in Norway. The reform increased maternal leave on average by 4 …
Persistent link: https://www.econbiz.de/10013135181
How do shocks to parental income drive adolescent human capital, including years of schooling, high school dropout, university attendance, IQ and health? A structural model decomposes household shocks into permanent and transitory components, then the effect of shocks at age 1-16 is estimated...
Persistent link: https://www.econbiz.de/10013137245