We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...

Transformation to post-industrial or knowledge-based economies causes changes in the structure of labour markets with growing demand on highly-qualified workforce. In XXI century human capital has become one of the most important production factors determining competitiveness and innovativeness...

This paper examines the role that human capital plays in firm?s strategic decisions. It focuses on long-distance corporate relocations which present certain trade-offs in terms of human capital and modifies firms? relationship with the labour force. It is assessed to what extent having (an...

This article shows how the impulses of the transformation process in eastern Germany have spread through the economy and the labour market. The form of transformation has long-term effects on the form of control over the economy; it is managed largely from western firms. This fact has manifold...

This paper investigates the effect of founders' human capital on the qualification structure of employees in newly established firms. Different corner solution outcome models are compared regarding their goodness of fit and adequacy. Based on survey data of about 1,200 new-born firms in the...

We analyze the timing of birth of the first three children based on German panel data (GSOEP) within a hazard rate framework. A random effects estimator is used to accommodate correlation across spells. We consider the role of human capital - approximated by a Mincer-type regression - and its...

I study the effect of refugees' protection status on labor market outcomes focusing on a recent cohort of Syrian and Iraqi refugees entering Germany between 2013 and 2016. My empirical analysis exploits a sudden and unpredictable change in the assessment of the Federal Agency responsible for...

Maryna Tverdostup, Tiiu Paas, ERSA 2016: The paper focuses on the identification of the unique, non-reached by the opposite gender human capital and the analysis of its effect on the earning profiles of unique human capital holders. The overwhelming research aim is to better understand the...