Showing 1 - 7 of 7
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10008838535
This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the mid-1980s. We show that a lagged labor adjustment response is optimal in a setting where there is uncertainty about the...
Persistent link: https://www.econbiz.de/10004964451
The validity of family background variables instrumenting education in income regressions has been much criticized. In this paper, we use data of the 2004 German Socio-Economic Panel and Bayesian analysis in order to analyze to what degree violations of the strong validity assumption affect the...
Persistent link: https://www.econbiz.de/10008484065
Education is argued to be an important driver of the decision to start a business. The measurement of its influence, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using an instrumental variables approach
Persistent link: https://www.econbiz.de/10008513229
We analyze how HIV-knowledge influences condom use across the sexes. The empirical work is based on a household survey … questions on knowledge of the existence of HIV, HIV prevention, HIV stigma, intended pregnancy, and risk perceptions of engaging … in unprotected sex. We observe a large HIV knowledge gap between males and females. Moreover, across the sexes different …
Persistent link: https://www.econbiz.de/10008867503
externalities in explaining variation in innovation rates across firms. More specifically, we combine micro-data and census data to … estimate the probability that a firm will introduce a goods, service or process innovation. We consider internal firm … agglomeration variables are only significant for a few specific sectors, and even then only for some types of innovation. …
Persistent link: https://www.econbiz.de/10008838651
Innovation and technological change are central to the quest for regional development. In the globally …-connected knowledge-driven economy, the relevance of agglomeration forces that rely on proximity continues to increase, paradoxically … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth …
Persistent link: https://www.econbiz.de/10005450786