mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …

This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … consists of two major parts. In the first part, we aim at measuring investment in intangibles at the sector level. We shed … light on differences across sectors but also compare these figures with investment in physical capital and with investment …

this paper to cover also unified Germany. The results reveal that the adjustment of investment and employment can be … model is used to assess this development. In particular, estimation results for investment and employment adjustment after … analysed with the same theoretical model for West and East Germany. However, the adjustment speed for investment differs …

The shift of employment from lower to higher productive firms is an important driver for structural change and industry … dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as 'cannibalisation' or 'business stealing …

This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried … out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering … beneficial product and service innovations create jobs in contrast to process innovations. Employment changes occur in the wake …

The effect of innovations on employment at the firm level is theoretically ambiguous. The present paper analyses this … positive effect on employment growth that is typically most pronounced in the second year after application. The effect seems …