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safety-related investments in their existing assets-in-place. These investments vary with firm capabilities and across shock …
Persistent link: https://www.econbiz.de/10014635666
Persistent link: https://www.econbiz.de/10000937532
up to their more resilient competitors via greater software investment. This is consistent with a complementarity between … first look at how WFH practices improved resilience to a major, unanticipated social and economic shock …
Persistent link: https://www.econbiz.de/10012496142
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO activity, attributed to better institutions and governance, used to be a strength of the U.S., it no longer is. IPO activity in the U.S. has fallen compared to the rest of the world...
Persistent link: https://www.econbiz.de/10012461741
provision of marginal incentives, and applies the theory to explain variation in the form of compensation of over-the-road truck … of hauls in a way that is consistent with the theory. By contrast, we find that vehicle ownership, which defines a driver …
Persistent link: https://www.econbiz.de/10012469856
Capital income tax policy affects investment by the parent and affiliates of multinational corporations (MNCs). In a … model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …
Persistent link: https://www.econbiz.de/10012472274
investment affect measured capital growth, each potentially generating downward bias in measured TFP growth. Most importantly …
Persistent link: https://www.econbiz.de/10012599399
We study the labor markets in China and the United States, the two largest economies in the world, by examining the evolution of their cross-sectional age-earnings profiles during the past thirty years. We find that, first, the peak age in the cross-sectional age-earnings profiles, which we...
Persistent link: https://www.econbiz.de/10012696432
Investment in intangible capital--in particular, research and development--increased dramatically since the 1990s … increase in intangible investment is geared toward consumer products such as pharmaceutical drugs with limited spillovers to …
Persistent link: https://www.econbiz.de/10012482573
We show that the specific factors model can be used to derive a rigorous link between movements in stock prices and productivity, wages, employment, output, and welfare. We also prove that the commonly used measure of the effective rate of protection equals the dual measure of revenue TFP,...
Persistent link: https://www.econbiz.de/10012533307