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The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10010282152
well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may …
Persistent link: https://www.econbiz.de/10010265548
This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010281026
countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …
Persistent link: https://www.econbiz.de/10011573656
consequences of this substantial policy uncertainty shock on firms' private fixed investment and employment plans. We find that … those firms that believe that potential growth in Switzerland will deteriorate and those that report that investment … uncertainty has increased are also the ones that see a significant reduction in their future investment activities and their …
Persistent link: https://www.econbiz.de/10011386827
immigration laws. Third, we estimate the impact of immigration flows on employment, investment and productivity in the receiving … find that immigration increases employment, with no evidence of crowding-out of natives, and that investment responds …
Persistent link: https://www.econbiz.de/10010266400
This work proposes a task-based methodology for the measurement of employment and investment in organisational capital …, education, and business administration. In-house investment in OC for the 2012 is measured à la Corrado, Hulten and Sichel (2009 … total employment to represent between 9.5% (Denmark) to 26% (United Kingdom), with an average of 16%. Total investment in OC …
Persistent link: https://www.econbiz.de/10011404232
, resulted in lower investment, employment, and bank debt for younger and smaller firms. Importantly, these effects dominate … those of banks’ balance-sheet variables. We also show that higher CDS spreads led to lower aggregate investment, employment …
Persistent link: https://www.econbiz.de/10011431206
firms to cut investment, employment, and borrowing. We conclude that financial market fluctuations affect even private firms …
Persistent link: https://www.econbiz.de/10010328995