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This study explores the interaction between professional imprinting and age in the context of industry-science collaboration. Specifically, we examine the impact of localized and personal peer effects on academics’ involvement with industry and how these effects are moderated by the career age...
Persistent link: https://www.econbiz.de/10009509666
Previous empirical studies of job creation schemes in Germany have shown that the average effects for the participating … West Germany who benefit from participation in terms of higher employment rates. …
Persistent link: https://www.econbiz.de/10002822067
In this paper I analyse how individuals match for for the purpose of setting up a new firm. As a theoretical basis I use the O-ring theory introduced by Kremer (1993) and applied to new firms by Fabel (2004). The O-ring theory predicts that individuals segregate between firms according to their...
Persistent link: https://www.econbiz.de/10003793876
In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team …, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to … whole population of Danish firms founded in 1998, I find that the average ability level in a team and the team size have …
Persistent link: https://www.econbiz.de/10003871339
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...
Persistent link: https://www.econbiz.de/10003728547
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
We present evidence for a highly significant interaction between state dependence in individual unemployment risk and the business cycle. The disadvantage from having been unemployed in the previous period is smaller in times of relatively high unemployment and larger in times of low...
Persistent link: https://www.econbiz.de/10003745095
Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It …
Persistent link: https://www.econbiz.de/10003770907
Persistent link: https://www.econbiz.de/10002110272