Showing 1 - 10 of 633
Recent work documents declining business dynamism in the United States, with concerning implications for markups, innovation and productivity. Using import data for 146 countries over three decades we document a set of new stylized facts describing market dynamism world-wide. Market entry rates...
Persistent link: https://www.econbiz.de/10014576666
This paper constructs time series of global profit shifting covering the 2015-19 period, during which major international efforts were implemented to curb profit shifting. We find that (i) multinational profits grew faster than global profits, (ii) the share of multinational profits booked in...
Persistent link: https://www.econbiz.de/10013462721
The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we survey full-time workers who finished primary school in 27 countries as of mid 2021 and early 2022. Our cross-country comparisons control for age, gender, education, and industry and treat the U.S....
Persistent link: https://www.econbiz.de/10013388802
<i>In response to a comment on this paper by <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3050984">Ayash and Rastad</a href> the authors have posted a comment which may be found <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3113272">here.</a href></i>
Persistent link: https://www.econbiz.de/10012459204
Mergers and acquisitions are a fast way for a firm to grow. Using plant-level data, we examine how firms redraw their … boundaries after acquisitions. We find that there is a large amount of restructuring in a short period following mergers …
Persistent link: https://www.econbiz.de/10012464355
Swedish firms acquired by foreigners were considerably larger than the average firms in their industries. They were relatively low in value added per employee at the time of takeover and before, a characteristic we take to indicate relatively low profitability, capital intensity, or...
Persistent link: https://www.econbiz.de/10012478083
The examination of foreign takeovers is a way of distinguishing between the characteristics of f inns and industries that encourage takeovers and the effects of foreignness or of takeovers per se. Foreigners have tended to take over Swedish firms that are of above average size within each...
Persistent link: https://www.econbiz.de/10012478480
This paper examines the recent upsurge in foreign acquisitions of U.S. firms, specifically focusing on acquisitions …
Persistent link: https://www.econbiz.de/10012463861
-in acquisitions and in-in acquisitions by domestic outsiders. In fact, in the manufacturing sector, the return on assets even …-group in-in acquisitions than after in-in acquisitions by outsiders. Our results imply that in the case of within-group in …-in acquisitions, parent firms may be trying to quickly restructure acquired firms even at the cost of deteriorating profitability …
Persistent link: https://www.econbiz.de/10012466243
Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the …
Persistent link: https://www.econbiz.de/10012455930