Showing 1 - 10 of 75
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
'entrepreneurial milieu' affect the decision to start a new business out of unemployment? The econometric study is based on data from a …
Persistent link: https://www.econbiz.de/10010262783
This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these countries suggests that interactions of these shocks and countryspecific institutions are...
Persistent link: https://www.econbiz.de/10010262516
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10010280676
due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas … the opposite holds for nominal rigidity. Overall, the incidence of wage rigidity, which accelerates unemployment growth …, is most likely minimized in an environment with moderate inflation. …
Persistent link: https://www.econbiz.de/10010271824
Incentive schemes affect performance and priorities of agents but, in reality, they can be complicated even for simple tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest in quantity and quality of output. We use data from...
Persistent link: https://www.econbiz.de/10010282221
accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …
Persistent link: https://www.econbiz.de/10010262525
the interactions of regional labor markets in West Germany is highlighted in several dimensions. We test for spatial … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …
Persistent link: https://www.econbiz.de/10010262709
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of the choice between self-employment and paid employment he shows that having a background in a large number of different roles increases the probability of becoming an...
Persistent link: https://www.econbiz.de/10010261621
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The empirical estimation takes the rare events nature of...
Persistent link: https://www.econbiz.de/10010261762