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We test the effectiveness of team incentives by running a natural field experiment in a retail chain of 193 shops and 1,300 employees. As a response to intensified product market competition, the firm offered a bonus to shop teams for surpassing sales targets. A bonus to teams rather than...
Persistent link: https://www.econbiz.de/10013016180
The fragmentation of production across borders allows firms to make and export final goods, or to perform only intermediate stages of production by processing imported inputs for re-exporting. We examine how financial frictions affect companies’ choice between processing and ordinary trade -...
Persistent link: https://www.econbiz.de/10011444073
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10009273125
This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data for merchandize and services. We carefully create longitudinally consistent workplace characteristics from the...
Persistent link: https://www.econbiz.de/10010464704
this paper is an observation-based analysis conducted by visiting selected paper mills in Finland, the U.S., Germany and …
Persistent link: https://www.econbiz.de/10003850304
We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher...
Persistent link: https://www.econbiz.de/10009010507
. Germany is the prototypical economy where universal banks allegedly exert substantial influence over firms. Despite frequent …
Persistent link: https://www.econbiz.de/10011511071
We develop a simple theoretical model of a long term buyer-supplier relationship with non-contractible buyer specific R&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement strategies. We address these issues empirically...
Persistent link: https://www.econbiz.de/10010485523
Based on data from a comprehensive benchmarking study on buyer-supplier relationships in the German automotive industry, we show that more trust in a relationship is associated with higher idiosyncratic investment by suppliers and better part quality - but also with more competition among...
Persistent link: https://www.econbiz.de/10012026390
Die Expertise bezieht sich auf das vom Akkreditierungsrat koordinierte System der auf Studium und Lehre bezogenen Akkreditierung, in dem sich die Akteure aus der Berufspraxis aufgrund seiner bildungspolitischen Relevanz engagieren. Sie bildet die Grundlage für eine Weiterentwicklung der...
Persistent link: https://www.econbiz.de/10011341520