Showing 1 - 10 of 11
Creating more innovative and dynamic economies is one of the fundamental challenges facing both advanced and emerging market economies. An important ingredient of this involves the creation of entrepreneurial firms which can quickly translate creative ideas and scientific discoveries into viable...
Persistent link: https://www.econbiz.de/10005016197
. Evidence from three decades of research on “high performance workplace practices” is reviewed that identifies what is required …
Persistent link: https://www.econbiz.de/10010641404
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 …
Persistent link: https://www.econbiz.de/10005822244
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10005822324
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...
Persistent link: https://www.econbiz.de/10010796455
The paper takes advantage of the Italian experience in the Lehman crisis to test the effects of banking shocks on the real decisions of client firms. The analysis exploits plant-level data and models the magnitude of the shock with banks' pre-crisis holding of Dollar-denominated assets and...
Persistent link: https://www.econbiz.de/10010929170
In this paper we investigate the effect of local banking development on firms’ innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects the probability of process innovation,...
Persistent link: https://www.econbiz.de/10005822124
We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010-2012 sovereign debt crisis. Using newly available data linking over...
Persistent link: https://www.econbiz.de/10010734428
fixed effects. There is only limited evidence that they are rewarded for the 'performance' of the institutions they manage …
Persistent link: https://www.econbiz.de/10005703830
targets, measured with varying degrees of precision. We use data from the agency's performance management system and personnel …This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10010559801