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We show theoretically that a proportional R&D subsidy accelerates innovation activity at all degrees of competition in the modern Schumpeterian growth model, but less so at high degrees of competition. We then use company-level data on patenting activity, product market competition and R&D...
Persistent link: https://www.econbiz.de/10012147999
We improve the precision of the test of the implicit contract model that Beaudry and DiNardo proposed twenty years ago. Our data set allows us to define the precise industry and plant of a particular employment relationship, link local labour market characteristics and company characteristics to...
Persistent link: https://www.econbiz.de/10012148100
Recent studies use names - first and surnames - to estimate intergenerational mobility in sources that lack direct family links. While generating novel evidence on intergenerational transmission processes, it remains unclear how different estimators compare and how reliable they are. This paper...
Persistent link: https://www.econbiz.de/10014469851
The relationship between product market competition (PMC) and innovative activity has attracted the attention of many economists lately. In this study we elaborate the theory of Aghion et al. (1997, 2001) of an inverted-U relationship between competition and innovations. We provide a theoretical...
Persistent link: https://www.econbiz.de/10005133235
In this study we provide a theoretical prediction of a complementary relationship between the incentive effects of product market competition and R&D subsidies using the theory of Aghion et. al (1997, 2001). The complementarity relationship and that of an inverted U-relationship is then tested...
Persistent link: https://www.econbiz.de/10005134490
We study how labeling of neighborhoods affects the performance and sorting of young residents at the junction of enrolling in high school. Exploiting the release of a much publicized official situation report on carefully delineated troubled neighborhoods in Sweden we estimate the effect of this...
Persistent link: https://www.econbiz.de/10015433487
We study the role of childhood gender conformity in generating gender gaps. We present a conceptual framework that uses gender norms to explain why some women make less profitable choices than comparable men. Using unique longitudinal survey and register data, we show that gender-nonconforming...
Persistent link: https://www.econbiz.de/10015433506