Recent human capital theories predict that labor market frictions and product market competition influence firm …, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through …

This paper studies the effect of changes in foreign competition on the incentives faced by U.S. managers in the form of … wage structures, promotion profiles, and job turnover. We use a panel of executives and measure foreign competition as … globalization on the labour market outcomes of these workers. We find that higher foreign competition leads to more incentive …

consistent with the general notion that competition mitigates managerial agency problems, our results are, in particular … competitive industries. When we examine which agency problem competition mitigates, we find evidence consistent with a “quiet …

In this study we derive a structural econometric model of learning by doing with multiproduct competition from a …

firms by estimating the effect of the pre-deregulation level of leverage on the survival of trucking firms after the Carter … deregulation. Highly leveraged carriers are less likely to survive the deregulation shock, even after controlling for various … after deregulation. …

This paper investigates the effects of firm entry deregulation. We exploit a recent reform that simplified business … reform is associated with increased firm entry and competition within industries and regions. The returns to a university …

This paper studies the effect of competition on executive compensation. We estimate the effect of increased product … market competition on the performance-pay sensitivity of CEOs, and contrast it with the effect for department managers and … employer-employee data for the universe of workers and firms, we show that increased product market competition, following the …