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Employee Spinoffs and Other Entrants: Stylized Facts from Brazil
Muendler, Marc-Andreas; Hirakawa, Oana; Rauch, James E. - National Bureau of Economic Research (NBER) - 2010
Using a comprehensive linked employer-employee database from Brazil for the period 1995-2001, we are able for the first time to compare firms founded as employee spinoffs to new firms without parents and to diversification ventures of existing firms entering a new industry. Employee spinoffs are...
Persistent link: https://www.econbiz.de/10008627132
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Labor Regulations and European Private Equity
Bozkaya, Ant; Kerr, William R. - National Bureau of Economic Research (NBER) - 2009
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10008624615
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Star Scientists, Innovation and Regional and National Immigration
Zucker, Lynne; Darby, Michael R. - National Bureau of Economic Research (NBER) - 2007
We follow the careers 1981-2004 of 5401 star scientists listed in ISI HighlyCitedSM as most highly cited by their peers. Their number in a US region or a top-25 science and technology (S&T) country significantly increases the probability of firm entry in the S&T field in which they are working....
Persistent link: https://www.econbiz.de/10005829811
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Immigrants Equilibrate Local Labor Markets: Evidence from the Great Recession
Cadena, Brian C.; Kovak, Brian K. - National Bureau of Economic Research (NBER) - 2013
This paper demonstrates that low-skilled Mexican-born immigrants' location choices in the U.S. respond strongly to …. However, low-skilled immigrants, especially those from Mexico, respond even more strongly than high-skilled native …
Persistent link: https://www.econbiz.de/10011234896
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Effects of Low-Skilled Immigration on U.S. Natives: Evidence from Hurricane Mitch
Kugler, Adriana; Yuksel, Mutlu - National Bureau of Economic Research (NBER) - 2008
In the 1980s the composition of immigrants to the U.S. shifted towards less-skilled workers. Around this time, real … immigrants towards U.S. Southern ports of entry after Hurricane Mitch, also generates positive wage effects but only for more … educated native men. Yet, ignoring the flows of native and earlier immigrants in response to this exogeneous immigration is …
Persistent link: https://www.econbiz.de/10005830132
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Estimating the Employer Switching Costs and Wage Responses of Forward-Looking Engineers
Fox, Jeremy - National Bureau of Economic Research (NBER) - 2009
I estimate the relative magnitudes of worker switching costs and how much the employer switching of experienced engineers responds to outside wage offers. Institutional features imply that voluntary turnover dominates switching in the market for Swedish engineers from 1970--1990. I use data on...
Persistent link: https://www.econbiz.de/10005109524
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The Effects of High-Skilled Immigration on Firms: Evidence from H-1B Visa Lotteries
Doran, Kirk; Gelber, Alexander; Isen, Adam - National Bureau of Economic Research (NBER) - 2014
We study the effect of a firm winning an additional H-1B visa on the firm’s outcomes, by comparing winning and losing firms in the Fiscal Year 2006 and 2007 H-1B visa lotteries. We match administrative data on the participants in these lotteries to the universe of approved U.S. patents, and to...
Persistent link: https://www.econbiz.de/10011196772
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Some Simple Economics of Crowdfunding
Agrawal, Ajay K.; Goldfarb, Avi; Catalini, Christian - National Bureau of Economic Research (NBER) - 2013
It is not surprising that the financing of early-stage creative projects and ventures is typically geographically localized since these types of funding decisions are usually predicated on personal relationships and due diligence requiring face-to-face interactions in response to high levels of...
Persistent link: https://www.econbiz.de/10010969219
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Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry
Cabral, Luis M B; Wang, Zhu; Xu, Daniel Yi - National Bureau of Economic Research (NBER) - 2013
Taking the early U.S. automobile industry as an example, we evaluate four competing hypotheses on regional industry agglomeration: intra-industry local externalities, inter-industry local externalities, employee spinouts, and location fixed-effects. Our findings suggest that inter-industry...
Persistent link: https://www.econbiz.de/10010969338
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Clusters of Entrepreneurship and Innovation
Glaeser, Edward Ludwig; Chatterji, Aaron; Kerr, William R. - National Bureau of Economic Research (NBER) - 2013
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10010969371