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Inventories, Employment and Hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2002
inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs … production process and the definition of labor input as the product of employment and effective hours worked per worker. …
Persistent link: https://www.econbiz.de/10005703129
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What Is the Value of Entrepreneurship? A Review of Recent Research
Praag, Mirjam van; Versloot, Peter H. - Institute for the Study of Labor (IZA) - 2007
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10005822686
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Why Is the Public Sector More Labor-Intensive? A Distortionary Tax Argument
Poutvaara, Panu; Wagener, Andreas - Institute for the Study of Labor (IZA) - 2004
Government-run entities are often more labor-intensive than private companies, even with identical production … firms. A tax-favored treatment of public production precludes production efficiency. It reduces welfare when labor supply is … net wage. This would counteract the distortion of labor supply arising from wage taxation. Full privatization is never …
Persistent link: https://www.econbiz.de/10005566720
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Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries
Commander, Simon; Svejnar, Jan - Institute for the Study of Labor (IZA) - 2007
Enterprise Performance Survey (BEEPS) to assess the effect on performance of ownership, competition, export orientation and the … variables and endogeneity that plague studies in this area. We find that foreign ownership and competition have an impact on …
Persistent link: https://www.econbiz.de/10005822639
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Robots at Work
Graetz, Georg; Michaels, Guy - Institute for the Study of Labor (IZA) - 2015
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. In this paper we analyze for the first time the economic impact of industrial robots, using new data on a panel of industries in 17 countries from 1993-2007. We...
Persistent link: https://www.econbiz.de/10011214029
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On the Reversibility of Structural Reforms
Campos, Nauro F; Horváth, Roman - Institute for the Study of Labor (IZA) - 2012
What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel evidence showing that (a) FDI inflows reduce the...
Persistent link: https://www.econbiz.de/10011279308
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Cyclical Variation in Labor Hours and Productivity Using the ATUS
Burda, Michael C.; Hamermesh, Daniel S.; Stewart, Jay - Institute for the Study of Labor (IZA) - 2012
We examine monthly variation in weekly work hours using data for 2003-10 from the Current Population Survey (CPS) on hours/worker, from the Current Employment Survey (CES) on hours/job, and from the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain...
Persistent link: https://www.econbiz.de/10011265658
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Labor and the Market Value of the Firm
Merz, Monika; Yashiv, Eran - Institute for the Study of Labor (IZA) - 2003
What role does labor play in firms’ market value? We explore this question using a production-based asset pricing model …
Persistent link: https://www.econbiz.de/10005233766
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Equilibrium Unemployment with Outsourcing and Wage Solidarity Under Labour Market Imperfections
Koskela, Erkki; Stenbacka, Rune - Institute for the Study of Labor (IZA) - 2007
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage dispersion between the high-skilled and low-skilled...
Persistent link: https://www.econbiz.de/10005233784
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Lobbying, Corruption and Other Banes
Campos, Nauro F.; Giovannoni, Francesco - Institute for the Study of Labor (IZA) - 2008
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10005233874