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Can Pay Regulation Kill? Panel Data Evidence on the Effect of Labor Markets on Hospital Performance

Hall, Emma; Propper, Carol; Reenen, John Van - Centre for Economic Performance, LSE - 2008

Labor market regulation can have harmful unintended consequences. In many markets, especially for public sector workers, pay is regulated to be the same for individuals across heterogeneous geographical labor markets. We would predict that this will mean labor supply problems and potential falls...

Persistent link: https://www.econbiz.de/10005796146

Wage Inequality,Technology and Trade: 21st Century Evidence

Reenen, John Van - Centre for Economic Performance, LSE - 2011

This paper describes and explains some of the principal trends in the wage and skill distribution in recent decades. There have been sharp increases in wage inequality across the OECD, beginning with the US and UK at the end of the 1970s. A good fraction of this inequality growth is due to...

Persistent link: https://www.econbiz.de/10010700450

THE CREATIVE CLASS AND THE CRISIS

Gabe, Todd; Florida, Richard; Mellander, Charlotta - Centre of Excellence for Science and Innovation … - 2012

.S. economy—one that favors knowledge-based creative activities. …

Persistent link: https://www.econbiz.de/10010742101

The shrinking middle

Michaels, Guy; Natraj, Ashwini; Reenen, John Van - Centre for Economic Performance, LSE - 2010

Guy Michaels and colleagues show how new technologies are polarising the labour market, with the middle-skilled losing out most

Persistent link: https://www.econbiz.de/10009416224

Has ICT Polarized Skill Demand? Evidence from Eleven Countries over 25 Years

Michaels, Guy; Natraj, Ashwini; Reenen, John Van - Centre for Economic Performance, LSE - 2010

OECD labor markets have become more "polarized" with employment in the middle of the skill distribution falling relative to the top and (in recent years) also the bottom of the skill distribution. We test the hypothesis of Autor, Levy, and Murnane (2003) that this is partly due to information...

Persistent link: https://www.econbiz.de/10008542740

The Evolution of Inequality in Productivity and Wages: Panel Data Evidence

Faggio, Giulia; Salvanes, Kjell; Reenen, John Van - Centre for Economic Performance, LSE - 2007

There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...

Persistent link: https://www.econbiz.de/10005151033

EFFECTS OF HUMAN CAPITAL ON THE GROWTH AND SURVIVAL OF SWEDISH BUSINESSES

Backman, Mikaela; Gabe, Todd; Mellander, Charlotta - Centre of Excellence for Science and Innovation … - 2014

This paper examines the effects of human capital on the growth and survival of a large sample of Swedish businesses. Human capital is represented by conventional measures of the educational attainment and experience of an establishment’s workers, and skills-based measures of the types of...

Persistent link: https://www.econbiz.de/10010754414

Interoperability and Market Foreclosure In the European Microsoft Case

Kühn, Kai Uwe; Reenen, John Van - Centre for Economic Performance, LSE - 2008

incentives and (b) innovation effects of the proposed remedy. We discuss the economic basis for the Commission's claims that … and argue that the effects on innovation are not unambiguously negative as Microsoft claim. We conclude with some general … implications of the case for anti-trust enforcement in high innovation sectors. …

Persistent link: https://www.econbiz.de/10010702087

Trapped Factors and China's Impact on Global Growth

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Reenen, … - Centre for Economic Performance, LSE - 2014

long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional "trapped factor" effect. Starting …

Persistent link: https://www.econbiz.de/10010747939

In brief: Two cheers for Anglo-Saxon financial markets?

Aghion, Philippe; Reenen, John Van; Zingales, Luigi - Centre for Economic Performance, LSE - 2012

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

Persistent link: https://www.econbiz.de/10010549053