Narrow search
Showing 1 - 10 of 138
Cover Image
The Changing Distribution of Job Satisfaction
Hamermesh, Daniel S. - 1999
quantiles rose relative to that of workers in lower quantiles. An identical phenomenon is observed among men in West Germany in …
Persistent link: https://www.econbiz.de/10012471452
Cover Image
Zero Returns to Compulsory Schooling In Germany : Evidence and Interpretation
Pischke, Jorn-Steffen - 2005
the range of 10 to 15 percent. We find no return to compulsory schooling in Germany in terms of higher wages. We … investigate whether this is due to labor market institutions or the existence of the apprenticeship training system in Germany … most relevant for the labor market are learned earlier in Germany than in other countries …
Persistent link: https://www.econbiz.de/10012467265
Cover Image
Continuous Training in Germany
Pischke, Jorn-Steffen - 1996
training received by workers in Germany between 1986 and 1989. Further training is primarily a white collar phenomenon, is …
Persistent link: https://www.econbiz.de/10012472999
Cover Image
Dynamic R&D Choice and the Impact of the Firm's Financial Strength
Peters, Bettina - 2016
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012456639
Cover Image
The Effects of Government-Sponsored Venture Capital : International Evidence
Brander, James A. - 2010
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10012462136
Cover Image
Vintage Capital and Creditor Protection
Benmelech, Efraim - 2010
We provide novel evidence linking the level of creditor protection provided by law to the degree of usage of technologically older, vintage capital in the airline industry. Using a panel of aircraft-level data around the world, we find that better creditor rights are associated with both...
Persistent link: https://www.econbiz.de/10012462916
Cover Image
Private Equity and Long-Run Investment : The Case of Innovation
Lerner, Josh - 2008
A long-standing controversy is whether LBOs relieve managers from short-term pressures from public shareholders, or whether LBO funds themselves are driven by short-term profit motives and sacrifice long-term growth to boost short-term performance. We investigate 495 transactions with a focus on...
Persistent link: https://www.econbiz.de/10012464024
Cover Image
Government Sponsored versus Private Venture Capital : Canadian Evidence
Brander, James A. - 2008
This paper investigates the relative performance of enterprises backed by government-sponsored venture capitalists and private venture capitalists. While previous studies focus mainly on investor returns, this paper focuses on a broader set of public policy objectives, including value-creation,...
Persistent link: https://www.econbiz.de/10012464618
Cover Image
Empirical Patterns of Firm Growth and R&D Investment : A Quality Ladder Model Interpretation
Klette, Tor Jakob - 1997
We present a model of endogenous firm growth with R&D investment and innovation as the engine of growth. The objective of our analysis is to present a framework that can be used for microeconometric analysis of firm performance in high-tech industries. The model for firm growth is a partial...
Persistent link: https://www.econbiz.de/10012472879
Cover Image
Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms
Hall, Bronwyn H. - 2012
Both Research and Development (R&D) and Information and Communication Technology (ICT) investment have been identified as sources of relative innovation underperformance in Europe vis-à-vis the United States. In this paper we investigate R&D and ICT investment at the firm level in an effort to...
Persistent link: https://www.econbiz.de/10012460606