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Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
Pencavel, John; Pistaferri, Luigi; Schivardi, Fabiano - Institute for the Study of Labor (IZA) - 2006
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...
Persistent link: https://www.econbiz.de/10005233888
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The Financial and Operating Performance of Privatized Firms in Sweden
Tatahi, Motasam; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2009
privatized firms. First, accounting data prior to and after the privatization are employed to measure the operating performance … are significantly different to private counterparts. Overall results, however, show that the privatization in Sweden was …
Persistent link: https://www.econbiz.de/10005762205
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Employment and Wage Effects of Privatization: Evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Álmos - Institute for the Study of Labor (IZA) - 2008
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10005233777
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Information, Uncertainty, and Subjective Entitlements in Bargaining
Karagozoglu, Emin; Riedl, Arno - Institute for the Study of Labor (IZA) - 2010
More often than not production processes are the joint endeavor of people having different abilities and productivities. Such production processes and the associated surplus production are often not fully transparent in the sense that the relative contributions of involved agents are blurred;...
Persistent link: https://www.econbiz.de/10008560397
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On the Production of Victory: Empirical Determinants of Battlefield Success in Modern War
Rotte, Ralph; Schmidt, Christoph M. - Institute for the Study of Labor (IZA) - 2002
Using a data set of historical battles from 1600 to 1973, this paper analyzes the empirical determinants of tactical success in modern war. Based on a reduced form approach we consider key elements of military theory as factors in the production of combat success, formalized in a military...
Persistent link: https://www.econbiz.de/10005703261
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On Econometric Analysis of Structural Systems with Permanent and Transitory Shocks and Exogenous Variables
Pagan, Adrian; Pesaran, M. Hashem - Institute for the Study of Labor (IZA) - 2007
This paper considers the implications of the permanent/transitory decomposition of shocks for identification of structural models in the general case where the model might contain more than one permanent structural shock. It provides a simple and intuitive generalization of the influential work...
Persistent link: https://www.econbiz.de/10005822651
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A Note on Unhappiness and Unemployment Duration
Clark, Andrew E. - Institute for the Study of Labor (IZA) - 2006
Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is used to shed light on this issue; these data...
Persistent link: https://www.econbiz.de/10005822665
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Decomposing Changes in Income Risk Using Consumption Data
Blundell, Richard; Low, Hamish; Preston, Ian - Institute for the Study of Labor (IZA) - 2011
We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross-section data and can allow for mixtures of...
Persistent link: https://www.econbiz.de/10009371904
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Child Mental Health and Educational Attainment: Multiple Observers and the Measurement Error Problem
Johnston, David W.; Propper, Carol; Pudney, Stephen; … - Institute for the Study of Labor (IZA) - 2011
We examine the effect of survey measurement error on the empirical relationship between child mental health and personal and family characteristics, and between child mental health and educational progress. Our contribution is to use unique UK survey data that contains (potentially biased)...
Persistent link: https://www.econbiz.de/10009225773
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Sharing Rule Identification for General Collective Consumption Models
Cherchye, Laurens; De Rock, Bram; Lewbel, Arthur; … - Institute for the Study of Labor (IZA) - 2012
We propose a method to identify bounds (i.e. set identification) on the sharing rule for a general collective household consumption model. Unlike the effects of distribution factors, it is well known that the level of the sharing rule cannot be uniquely identified without strong assumptions on...
Persistent link: https://www.econbiz.de/10011279275