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-to-the-world innovation is inherently risky and therefore may increase the probability of firm death. However, many existing studies … fail to distinguish between innovation investments and innovation capital. Using an unbalanced panel of over 290 … innovation and survival and find that current innovation investments increase the probability of death while innovation capital …
Persistent link: https://www.econbiz.de/10005822226
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...
Persistent link: https://www.econbiz.de/10010796455
automotive parts industry, is negatively related with propensity to patent innovation. Also, unlike expectations, the InnoBiz …
Persistent link: https://www.econbiz.de/10011143944
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10008678691
The effect of collective bargaining on innovation has long been in dispute. At the level of theory, the hold-up problem … representative data for Germany – for many observers the exemplar of a cooperative industrial relations regime – to investigate the … impact of collective bargaining on (several measures of) process innovation and product innovation. Our cross section and …
Persistent link: https://www.econbiz.de/10010734418
Using administrative records data from Spanish Social Security, we analyse the pattern and the determinants of individual unemployment benefit spell durations. We compare a period of expansion (2005-2007) and the recent recession (2009-2011), allowing us to determine the impact of the current...
Persistent link: https://www.econbiz.de/10010884159
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010884226
We study the effect of the cycle on the health of newborn babies using 30 years of birth-certificate data for Spain. We find that babies are born healthier when the local unemployment rate is high. Although fertility is lower during recessions, the effect on health is not the result of...
Persistent link: https://www.econbiz.de/10010884258
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...
Persistent link: https://www.econbiz.de/10010884273
what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany …
Persistent link: https://www.econbiz.de/10011271986