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Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European Countries
Harrison, Rupert - 2014
This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...
Persistent link: https://www.econbiz.de/10012751345
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U.S. High-Skilled Immigration, Innovation, and Entrepreneurship : Empirical Approaches and Evidence
Kerr, William - 2014
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for … home country remains unclear. We know very little about return migration of workers engaged in innovation and …
Persistent link: https://www.econbiz.de/10013063124
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Estimating Local Fiscal Multipliers
Suárez Serrato, Juan Carlos - 2016
We propose a new source of cross-sectional variation that may identify causal impacts of government spending on the economy. We use the fact that a large number of federal spending programs depend on local population levels. Every ten years, the Census provides a count of local populations....
Persistent link: https://www.econbiz.de/10012986682
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Unemployment in the Great Recession : A Comparison of Germany, Canada and the United States
Hoffmann, Florian - 2014
This paper investigates the potential reasons for the surprisingly different labor market performance of the United States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates did not change substantially in Germany, increased and...
Persistent link: https://www.econbiz.de/10013043619
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Mortgage Rates, Household Balance Sheets, and the Real Economy
Keys, Benjamin J. - 2014
This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes during the housing crisis. We use proprietary loan-level panel data matched to consumer credit records using borrowers' Social Security numbers, which allows for accurate...
Persistent link: https://www.econbiz.de/10013046153
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Labor Market Effects of Population Aging
Börsch-Supan, Axel H. - 2021
This paper analyzes effects of population aging on the labor market and determines their broad implications for public policy. It takes Germany as an example, but it equally applies to the other large economies in Continental Europe. The paper argues that, alongside the amply discussed,...
Persistent link: https://www.econbiz.de/10013216487
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The Role of Wage and Skill Differences in Us-German Employment Differences
Freeman, Richard B.; Schettkat, Ronald - 2021
Greater job creation in the US than in Germany has often been related to greater wage dispersion coupled with less regulated labour and product markets in the US. Based on the Comparative German American Structural Database and the International Adult Literacy Survey we find that employment of...
Persistent link: https://www.econbiz.de/10013224929
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The Employment and Output Effects of Short-Time Work in Germany
Cooper, Russell - 2017
We study the employment and output effects of the short-time work (STW) policy in Germany between 2009 and 2010. This intervention facilitated reductions in hours worked per employee with the goal of preventing layoffs. Using confidential German micro-level data we estimate a search model with...
Persistent link: https://www.econbiz.de/10012949428
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Increasing Hours Worked : Moonlighting Responses to a Large Tax Reform
Tazhitdinova, Alisa - 2022
Moonlighting is increasingly popular in OECD countries, with 5 to 10% of workers holding two or more jobs. However, little is known about the responsiveness of moonlighting to financial incentives due to the lack of identifying variation. This paper studies a unique reform in Germany that...
Persistent link: https://www.econbiz.de/10013300928
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International Business Travel : An Engine of Innovation?
Hovhannisyan, Nune - 2014
person. This paper studies the role of short-term cross-border labor movements for innovation by estimating the recent impact … one fourth as potent for innovation as domestic R&D spending. We show that the technological knowledge of each business … traveler matters by estimating a higher impact for travelers that originate in U.S. states with substantial innovation, such as …
Persistent link: https://www.econbiz.de/10013067960