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Entrepreneurship capital : determinants and impact on regional economic performance
Audretsch, David B. (contributor);  … - 2004
We investigate what determines regions' entrepreneurial behavior and the impact of it on regional economic performance. We argue that economic knowledge differs not only from traditional factors of production due to its public goods characteristic but it is also uncertain. In that perspective,...
Persistent link: https://www.econbiz.de/10011280375
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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same … idiosyncratic productivity can explain the observed negative time trend in estimated matching efficiency and asymmetric business …
Persistent link: https://www.econbiz.de/10011482505
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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same … idiosyncratic productivity can explain the observed negative time trend in estimated matching efficiency and asymmetric business …
Persistent link: https://www.econbiz.de/10011477306
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011997295
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The effects of productivity and benefits on unemployment : breaking the link
Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10011625891
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The effects of productivity and benefits on unemployment : breaking the link
Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10012111816
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011965759
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011974802
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003827234
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116