|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20746
|
| | |
| Title: | | Venture Capital Investment and Labor Market Performance : New Empirical Evidence for OECD Countries  |
| Authors: | | Belke, Ansgar Schaal, Andreas |
| Issue Date: | | 2004 |
| Series/Report no.: | | IZA Discussion paper series 1447 |
| Abstract: | | Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany and Japan being possibly inferior to stockmarket based financial markets in turbulent times and when approaching the economic frontier. A cleavage is related to venture capital markets which are flourishing on Anglo- Saxon but not on German type financial markets. Venture capital is crucial for financing structural change, new firms and innovations and therefore possibly also nowadays for employment growth. |
| Subjects: | | labor markets venture capital unemployment new economy panel data analysis |
| JEL: | | E44 E24 E22 G32 G24 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| Files in This Item:
| |
| File |
Description |
Size | Format |
| dp1447.pdf | | 814.32 kB | Adobe PDF |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/20746
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|