Reducing Start-up Costs for New Firms: The Double Dividend on the Labor Market

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument.Matching, Education, Start-up costs, Venture capital, Bureaucratic hurdles

Reducing Start-up costs for New Firms: The Double Dividend on the Labor Market

Starting a firm with expansive potential is an option for educated and high-skilled workers. this option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument.

Reducing Start-up costs for New Firms: The Double Dividend on the Labor Market

Starting a firm with expansive potential is an option for educated and high-skilled workers. If there are labor market frictions, this additional option can be seen as reducing the chances of ending up in a low-wage job and hence as increasing the incentives for education. In a matching model, we show that reducing the start-up costs for new firms results in higher take-up rates of education. It also gives rise through a thick-market externality to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument.Matching; education; start-up costs; venture capital; bureaucratic hurdles

Reducing start-up costs for New Firms: The double dividend on the labor market

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument.Matching; Education; Start-up costs; Venture capital; Bureaucratic hurdles

On the modular representation theory of algebraic Chevalley groups

This thesis aims to provide an introduction to the modular representation theory of algebraic Chevalley groups. Chapter 1 contains the general theory so far, most of which is due to Green [6] who sets up the modular theory in the more general context of co-algebras. In chapter 2 the decomposition matrix is discussed. In particular, its reliance on the p-restricted part is made as explicit as possible. The general results obtained are applied to the A1, A2 and B2 cases. Chapter 3 provides the simplest example of the theory, that of the group SL (2,K), K an algebraically closed field of character p ≠ 0. The structure of the Weyl module reduced modulo p is given in (3.2). This was done independently of Cline [5] In (3.3) the structure of the affine ring K[SL (2,K)] is analysed, which provides the setting for (3.5) where the injective indecomposable modules are found. Section (3.6) gives the Cartan invariants and blocks, their nature in general being conjectured at the end of' the thesis

Valuing Biodiversity in Life Cycle Impact Assessment

Erratum published on 13 March 2020, see Sustainability 2020, 12(6), 2270. https://doi.org/10.3390/su11205628In this article, the authors propose an impact assessment method for life cycle assessment (LCA) that adheres to established LCA principles for land use-related impact assessment, bridges current research gaps and addresses the requirements of different stakeholders for a methodological framework. The conservation of biodiversity is a priority for humanity, as expressed in the framework of the Sustainable Development Goals (SDGs). Addressing biodiversity across value chains is a key challenge for enabling sustainable production pathways. Life cycle assessment is a standardised approach to assess and compare environmental impacts of products along their value chains. The impact assessment method presented in this article allows the quantification of the impact of land-using production processes on biodiversity for several broad land use classes. It provides a calculation framework with degrees of customisation (e.g., to take into account regional conservation priorities), but also offers a default valuation of biodiversity based on naturalness. The applicability of the method is demonstrated through an example of a consumer product. The main strength of the approach is that it yields highly aggregated information on the biodiversity impacts of products, enabling biodiversity-conscious decisions about raw materials, production routes and end user products