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positively with the level of capital investment. …
Persistent link: https://www.econbiz.de/10005566781
In this paper we suggest an alternative approach to testing for the dual structure of the labour market. The novelty of the suggested approach is that rather than considering wage determination we concentrate on the turnover. To perform the test we suggest using a latent class count data...
Persistent link: https://www.econbiz.de/10005822118
In European Welfare States, unskilled workers are typically unionized, while the wage formation of skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual domestic...
Persistent link: https://www.econbiz.de/10005822783
We combine profit sharing for high-skilled workers and outsourcing of low-skilled tasks in partly imperfect dual domestic labour markets, when the wage rate for low-skilled worker is set by a labor union, to analyze how the implementation of profit sharing influence flexible outsourcing and...
Persistent link: https://www.econbiz.de/10009147297
Using the Spanish micro data from the Programme for the International Assessment of Adult Competencies (PIAAC), we first document how the excessive gap in employment protection between indefinite and temporary workers leads to large differentials in on-the-job training (OTJ) against the latter....
Persistent link: https://www.econbiz.de/10011078416
We analyze the following questions associated with flexible outsourcing under partly imperfect dual domestic labour markets, where high skilled workers participate in firm's profit via profit sharing: How does the implementation of profit sharing influence flexible outsourcing? What is the...
Persistent link: https://www.econbiz.de/10005703727
banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …
Persistent link: https://www.econbiz.de/10005822124
(favorable) impact on investment. …
Persistent link: https://www.econbiz.de/10005822189
role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10008615448
an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision …
Persistent link: https://www.econbiz.de/10010791522