Showing 1 - 10 of 196
This paper briefly reviews the empirical evidence on labor market segmentation and presents some new results on the similarity of the pattern of segmentation across 66 different countries. The paper goes on to consider how unemployment might be understood in a labor market segmentation...
Persistent link: https://www.econbiz.de/10013246663
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been...
Persistent link: https://www.econbiz.de/10013063124
.4 million and the possibility of payoffs over $1 billion. We conclude that startups attract entrepreneurs with lower risk … aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …
Persistent link: https://www.econbiz.de/10012751344
paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10013071300
New firm formation is a critical driver of job creation, and an important contributor to the responsiveness of the economy to aggregate shocks. In this paper we examine the characteristics of the individuals who become entrepreneurs when local opportunities arise due to an increase in local...
Persistent link: https://www.econbiz.de/10012910286
This paper assesses the impact of competition on racial discrimination. The dismantling of inter- and intrastate bank restrictions by U.S. states from the mid-1970s to the mid-1990s reduced financial market imperfections, lowered entry barriers facing nonfinancial firms, and boosted the rate of...
Persistent link: https://www.econbiz.de/10012751333
, fertility and children's living circumstances during 1990-2014. On average, trade shocks differentially reduce employment and …
Persistent link: https://www.econbiz.de/10012962728
Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent … expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non …
Persistent link: https://www.econbiz.de/10013069687
United States and Germany we find that 80-90 percent of entrepreneurs are opportunity entrepreneurs. Applying our proposed …
Persistent link: https://www.econbiz.de/10012860853
demand and wages of most U.S. native workers …
Persistent link: https://www.econbiz.de/10012777397