| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2698 |
| DP2698 Optimal Allocation of Ownership Rights in Dynamic R&D Alliances | |
| Stephanie Rosenkranz; Patrick W. Schmitz | |
| 发表日期 | 2001-02-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | The proposition that labour market adjustments to intra-industry trade are less costly than adjustments to inter-industry trade is a widely-held belief amongst trade economists. If it is the case that there are significant sector-specific skills, then this ?smooth adjustment hypothesis? seems intuitive. However, direct evidence relating to this issue remains largely anecdotal. In this Paper we adopt the methodology of the micro-econometric labour literature to estimate the returns to tenure within firms, industries and occupations in order to predict the costs, in terms of wage losses, of moving jobs between and within sectors. To do this we use a large panel of individual workers for the UK over a long period (1975?1998), which enables us to control for unobserved fixed effects which may jointly determine the propensity to move jobs and the wage level. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Mobility Smooth adjustment Tenure Wages Industry specific skills |
| URL | https://cepr.org/publications/dp2698 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531756 |
| 推荐引用方式 GB/T 7714 | Stephanie Rosenkranz,Patrick W. Schmitz. DP2698 Optimal Allocation of Ownership Rights in Dynamic R&D Alliances. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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