Showing 1 - 10 of 10
This paper investigates empirically the link between international outsourcing and the skill structure of labour demand … in the United Kingdom. It is the first detailed study of this issue for the UK. Outsourcing is calculated using import … factor demands, our main results show that international outsourcing has had a strong negative impact on the demand for …
Persistent link: https://www.econbiz.de/10004963926
outsourcing service functions previously provided within the firm, performed worse. In sum, our findings support the view that … firms tend to overestimate the benefits accruing from outsourcing of services previously provided internally. …
Persistent link: https://www.econbiz.de/10004963941
This paper presents an empirical analysis of "outsourcing" using establishment level data for UK manufacturing … industries. We analyse an establishment's decision to outsource and the subsequent effects of outsourcing on the establishment …'s productivity. We compare outsourcing in domestic with foreign-owned establishments. Our empirical results suggest that high wages …
Persistent link: https://www.econbiz.de/10005069041
Our paper investigates the link between international outsourcing and wages utilising a large household panel and … combining it with industry level information on industries' outsourcing activities from input-output tables. By doing so we can … outsourcing has had a marked impact on wages. Distinguishing three skill categories we find evidence that outsourcing reduced the …
Persistent link: https://www.econbiz.de/10005069046
This paper analyses how international outsourcing has affected the relative demand for low skilled workers in Germany … disentangle international outsourcing and trade in final goods more accurately. The main finding is that during the 1990s … international outsourcing had a significant negative impact on the relative demand for low-skilled workers, explaining between 19 …
Persistent link: https://www.econbiz.de/10005069051
How do banks choose their debt maturity structure when credit markets are subject to information frictions? This paper proposes a model of equilibrium maturity choice with asymmetric information and endogenous roll-over risk. We show that in the presence of public signals about firms'...
Persistent link: https://www.econbiz.de/10011266595
This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...
Persistent link: https://www.econbiz.de/10010783951
In this paper we investigate the analytical and empirical linkages between firms' capital investment behavior and financial frictions arising from asymmetric information, proxied by firms' liquidity and degree of uncertainty. Measures of intrinsic and extrinsic uncertainty are derived from...
Persistent link: https://www.econbiz.de/10004963877
This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...
Persistent link: https://www.econbiz.de/10010661281
Information asymmetries can severely limit cross-border border expansion of banks. When a bank enters a new market, it has incomplete information about potential new clients. Such asymmetries are reduced by credit registers, which distribute financial data on bank clients. We investigate the...
Persistent link: https://www.econbiz.de/10008583478