This paper studies the impact of product and labor market regulations on informality andunemployment in a general framework where formal and informal firms are subject to thesame externalities, differing only with respect to some parameter values. Both formal andinformal firms have monopoly...

In this paper we will look at job creation and destruction in firms. We will answer the questionif it is the large companies that create jobs, while the smaller companies are contributingmuch less. Or is it the young companies that create jobs? And who destroys the most jobs?In the crisis...

In contrast to the very large literature on skill-biased technical change among workers, thereis hardly any work on the importance of skills for the entrepreneurs who employ thoseworkers, and in particular on their evolution over time. This paper proposes a simple theory ofskill-biased change in...

The main purpose of this paper is to estimate the size and the growth of Quebec’sunderground economy, and the corresponding loss of taxes for the government. Ourapproach is based on a method developed by Pissarides and Weber (1989) and extended byLyssiotou et al. (2004). The basic hypothesis...

In this paper we study the joint decision process of changing the structure of jobs and layingoff individual workers in a firm that downsizes its workforce. A hierarchical decision model isproposed and estimated using personnel data from a firm in demise comparing thecharacteristics of the...

This paper assesses the impact of product market competition on job instability as proxied bythe use of fixed-term labor contracts. Using both worker data from the Spanish Labor ForceSurvey and firm data from the Spanish Business Strategies Survey, I show that job instabilityrises with...

We empirically investigate the impact of incentive scheme structure on the degree ofcooperation in firms using a unique and representative data set. Combining employee surveydata with detailed firm level information on the relative importance of individual, team, andcompany performance for...

The growing awareness of the issue of corporate social responsibility (CSR) has raised thequestions about how responsible behavior of firms would impact employees’ well-being. Thispaper investigates the link between corporate social responsibility and job satisfaction, whichis a more widely...

We report the first results for Korean firms on the incidence, diffusion, scope and effects ofdiverse employee financial participation schemes, such as Profit Sharing Plans (PSPs),Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team IncentivePlans (TIPs). In do doing, we...