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Year
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Heterogeneous Treatment Effects in Groups
Gerhard Riener, Simon Wiederhold
Economics Letters, No. 3, 2013
Abstract
We show in a laboratory experiment that the same method of group induction carries different behavioral consequences. These heterogeneous treatment effects can be directly related to the quality of the relationship established between the subjects. Our results indicate the importance of manipulation checks in group-formation tasks in economic experiments.
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How Firms Respond to Business Cycles: The Role of Firm Age and Firm Size
Teresa C. Fort, John Haltiwanger, Ron S. Jarmin, Javier Miranda
IMF Economic Review, No. 3, 2013
Abstract
There remains considerable debate in the theoretical and empirical literature about the differences in the cyclical dynamics of firms by firm size. This paper contributes to the debate in two ways. First, the key distinction between firm size and firm age is introduced. The evidence presented in this paper shows that young businesses (that are typically small) exhibit very different cyclical dynamics than small/older businesses. The second contribution is to present evidence and explore explanations for the finding that young/small businesses were hit especially hard in the Great Recession. The collapse in housing prices accounts for a significant part of the large decline of young/small businesses in the Great Recession.
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Subsidized Vocational Training: Stepping Stone or Trap? – Assessing Empirical Effects using Matching Techniques
Eva Dettmann, Jutta Günther
Swiss Journal of Economics and Statistics, No. 4, 2013
Abstract
Using replacement matching on the basis of a statistical distance function we try to answer the question of whether subsidized vocational training is related to a negative image effect for the graduates. The results show that young people with equal qualifications acquired during subsidized vocational training are disadvantaged solely due to the kind of education they have received. The probability of finding adequate employment is lower than in the control group. Besides the 'general effect' of support we also find less favorable job opportunities for those who attended 'external' as compared to 'workplace-related' training.
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The Effect of Housework on Wages in Germany: No Impact at all
Boris Hirsch, Thorsten Konietzko
Journal for Labour Market Research, No. 2, 2013
Abstract
This paper presents evidence on the impact of hours spent on housework activities on individuals’ wages for Germany using data from both the German Socio-Economic Panel and the German Time Use Survey. In contrast to most of the international literature, we find no negative effect of housework on wages. This holds for men and women, for married and single individuals, and for part-time and full-time workers both in West and East Germany. Our insights do not change when we distinguish different types of housework activities or address the endogeneity of housework in our wage regressions by using instrumental variables estimators.
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The Impact of Female Managers on the Gender Pay Gap: Evidence from Linked Employer–Employee Data for Germany
Boris Hirsch
Economics Letters, No. 3, 2013
Abstract
We find that increasing the female share in first-level management by 10% points decreases the unexplained within-job gender pay gap by 0.5 log points. The effect is more pronounced for the female share in second-level than in first-level management.
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Who Creates Jobs? Small versus Large versus Young
John Haltiwanger, Ron S. Jarmin, Javier Miranda
Review of Economics and Statistics, No. 2, 2013
Abstract
The view that small businesses create the most jobs remains appealing to policymakers and small business advocates. Using data from the Census Bureau's Business Dynamics Statistics and Longitudinal Business Database, we explore the many issues at the core of this ongoing debate. We find that the relationship between firm size and employment growth is sensitive to these issues. However, our main finding is that once we control for firm age, there is no systematic relationship between firm size and growth. Our findings highlight the important role of business start-ups and young businesses in U.S. job creation.
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Proximity and the Transfer of Academic Knowledge: Evidence from the Spatial Pattern of Industry Collaborations of East German Professors
Viktor Slavtchev
Regional Studies, No. 5, 2013
Abstract
Proximity and the transfer of academic knowledge: evidence from the spatial pattern of industry collaborations of East German professors, Regional Studies. Universities can stimulate local economic development, particularly due to collaboration with local industry. Against this background, this study analyses when these interactions are local. Previous research suggests that university–industry linkages are mainly local because of tacit knowledge and the importance of physical proximity. This study provides additional evidence that the spatial pattern of university–industry linkages is a result of a complex matching process of appropriate partners. The results indicate that actors' individual and relational characteristics, institutional factors, and the particular type of knowledge play a role in collaboration. Hence, university–industry collaborations might not be local.
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A Note on Income Aspirations, Television and Happiness
Lutz Schneider
Kyklos, No. 2, 2013
Abstract
In their innovative and frequently cited study on the impact watching television (TV) has on income aspirations and happiness, Luigino Bruni and Luca Stanca 2006, henceforth B&S) offer an alternative explanation of Easterlin's income-happiness paradox: “television viewing in contemporary society, by raising material aspirations, contributes to offset the effect of higher income on individual happiness” (B&S, p. 225). More generally, the paper contributes to the literature of economic psychology, addressing the determinants and formation of preferences. While the theoretical analysis of B&S and the hypothesis on the effect of TV on material aspirations are well-grounded, the empirical evidence they present to corroborate the TV hypothesis is rather weak. After correcting a technical inaccuracy of B&S' empirical analysis one obtains results which no longer confirm a significant, positive and robust impact of TV consumption on material aspirations. As discussed in the third section, the revised empirical result does not disprove B&S' main hypothesis on the role of TV in shaping individual preferences. However, it suggests applying a more direct approach of measuring the effect of TV on aspiration than that performed in B&S's empirical analysis.
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Towards a Theory of Climate Innovation - A Model Framework for Analyzing Drivers and Determinants
Wilfried Ehrenfeld
Journal of Evolutionary Economics, 2013
Abstract
In this article, we describe the results of a multiple case study on the indirect corporate innovation impact of climate change in the Central German chemical industry. We investigate the demands imposed on enterprises in this context as well as the sources, outcomes and determining factors in the innovative process at the corporate level. We argue that climate change drives corporate innovations through various channels. A main finding is that rising energy prices were a key driver for incremental energy efficiency innovations in the enterprises’ production processes. For product innovation, customer requests were a main driver, though often these requests are not directly related to climate issues. The introduction or extension of environmental and energy management systems as well as the certification of these are the most common forms of organizational innovations. For marketing purposes, the topic of climate change was hardly utilized so far. As the most important determinants for corporate climate innovations, corporate structure and flexibility of the product portfolio, political asymmetry regarding environmental regulation and governmental funding were identified.
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The Impact of R&D Collaboration Networks on the Performance of Firms and Regions: A Meta-Analysis of the Evidence
Gunnar Pippel
International Journal of Networking and Virtual Organisations, No. 4, 2013
Abstract
Innovation is the result of an interactive process. Knowledge-intensive interactions among different partners are associated with a variety of advantages and disadvantages for the actors involved. Therefore, a rich body of literature investigating the impact of R&D collaboration networks on the innovation performance of firms and regions has developed over the last two decades. Those studies come to different results. The aims of this paper are manifold. First, the paper summarizes the results of the relevant literature. Second, a brief overview of the established methods and approaches used in the literature to investigate this research question is given. The third objective is to answer the question whether the achieved results in the literature are predetermined by the employed methods. Finally, relevant gaps for further research are identified. To answer these questions a meta-analysis of the relevant literature is conducted. This study shows that knowledge-intensive interactions have a rather positive impact on the performance of firms and regions. There is also evidence that the employed methods and approaches used in the literature to investigate this research question predetermine the outcome of the research.
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