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Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

“Phantom of the Opera” or “Sex and the City”? Historical Amenities as Sources of Exogenous Variation

Bauer, Thomas; Breidenbach, Philipp; Schmidt, Christoph M - C.E.P.R. Discussion Papers - 2014

Using the location of baroque opera houses as a natural experiment, Falck et al. (2011) claim to document a positive causal effect of the supply of cultural goods on today’s regional distribution of talents. This paper raises serious doubts on the validity of the identification strategy...

Persistent link: https://www.econbiz.de/10011083795

Youth Unemployment and Government Policy

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This paper discusses how employment vouchers should depend on age in a simple overlapping generations model in which workers are either young or old. We find that young workers should receive higher vouchers as displacement of the old rises and as the deadweight loss from providing vouchers to...

Persistent link: https://www.econbiz.de/10005792290

A Macro Theory of Employment Vouchers

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the optimal design of subsidies for hiring unemployed workers (‘employment vouchers’ for short) in the context of a simple macroeconomic model of the labour market. Focusing on the short-term and long-term effects of the vouchers on employment and unemployment, the...

Persistent link: https://www.econbiz.de/10005497832

Incapacity Benefits versus Benefit Transfers

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

The paper explores the employment implications of allowing people the opportunity of using a portion of their incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this policy could increase employment, raise the incomes of...

Persistent link: https://www.econbiz.de/10005497853

Sheepskin Effects in Japan

Bauer, Thomas; Dross, Patrick J; Haisken-DeNew, John P - C.E.P.R. Discussion Papers - 2002

Using data for the 1990s, this Paper examines the role of sheepskin effects in the returns to education for Japan. Our estimations indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effects are only important for workers in small...

Persistent link: https://www.econbiz.de/10005656206

Employer Learning And The Returns To Schooling

Bauer, Thomas; Haisken-DeNew, John P - C.E.P.R. Discussion Papers - 2000

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour market experience and increase with initially...

Persistent link: https://www.econbiz.de/10005666574

The Territorial Dynamics Of Innovation In China And India

Crescenzi, Riccardo; Rodriguez-Pose, Andres; Storper, … - C.E.P.R. Discussion Papers - 2012

and technology. Indian innovation hubs also generate positive knowledge spillovers to other regions. …This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …

Persistent link: https://www.econbiz.de/10011083752

Do inventors talk to strangers? On proximity and collaborative knowledge creation

Crescenzi, Riccardo; Nathan, Max; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013

This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...

Persistent link: https://www.econbiz.de/10011084309

Infrastructure and regional growth in the European Union

Crescenzi, Riccardo; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012

other factors which may condition economic growth, such as innovation, migration, and the local ‘social filter’, taking also … into account the geographical component of intervention in transport infrastructure and innovation. The results of the two … filter’, good innovation capacity, both in the region and in neighbouring areas, and a region's capacity to attract migrants …

Persistent link: https://www.econbiz.de/10011084543