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The Value Relevance of Top Executive Departures: Evidence from the Netherlands
Praag, Mirjam van; Cools, Kees - Institute for the Study of Labor (IZA) - 2007
On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three noncompeting explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10005762239
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Dynamics of Disability and Work in Canada
Oguzoglu, Umut - Institute for the Study of Labor (IZA) - 2012
. By employing a dynamic panel data model of labour force participation, the findings of this paper suggest that labour …
Persistent link: https://www.econbiz.de/10010751648
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Getting Stuck in the Blues: Persistence of Mental Health Problems in Australia
Roy, John; Schurer, Stefanie - Institute for the Study of Labor (IZA) - 2013
Australia and system GMM-IV and correlated random effects approaches are applied to separate true from spurious state dependence …
Persistent link: https://www.econbiz.de/10010884085
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The Predictive Value of Subjective Labour Supply Data: A Dynamic Panel Data Model with Measurement Error
Euwals, Rob - Institute for the Study of Labor (IZA) - 2001
collective agreements on working hours flexibility. In this paper I apply dynamic panel data models that allow for measurement … German Socio-Economic Panel 1988-1996. …
Persistent link: https://www.econbiz.de/10005762129
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An Exponential Class of Dynamic Binary Choice Panel Data Models with Fixed Effects
Al-Sadoon, Majid M.; Li, Tong; Pesaran, M. Hashem - Institute for the Study of Labor (IZA) - 2012
This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be … eliminate the unobserved heterogeneity term and at the same time to identify the parameters of the model. We then propose GMM … finite sample performance of our GMM estimators. …
Persistent link: https://www.econbiz.de/10010598555
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Aggregate-Level Migration Studies as a Tool for Forecasting Future Migration Streams
Fertig, Michael; Schmidt, Christoph M. - Institute for the Study of Labor (IZA) - 2000
Assessing the migration potential and predicting future migration streams are among the most relevant, yet least well understood topics of migration research. The usual approach taken to address aggregate-level prediction problems is to fit ad hoc specifications to historical data, and to...
Persistent link: https://www.econbiz.de/10005762287
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Dynamics of Labour and Capital Adjustment - A Comparison of Germany and the Netherlands
Polder, Michael; Verick, Sher - Institute for the Study of Labor (IZA) - 2004
In this paper we investigate the dynamic adjustment of labour and capital in German and Dutch firms. The Dutch labour market is characterised by greater flexibility in wages and work arrangements in comparison to Germany. These institutional differences imply that employment dynamics in the two...
Persistent link: https://www.econbiz.de/10005703624
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Does Corporate Governance Reform Necessarily Boost Firm Performance? Recent Evidence from Russia
Kuznecovs, Mihails; Pal, Sarmistha - Institute for the Study of Labor (IZA) - 2012
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10010546984
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Diagnosing Discrimination: Stock Returns and CEO Gender
Wolfers, Justin - Institute for the Study of Labor (IZA) - 2006
, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require … data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial …
Persistent link: https://www.econbiz.de/10005762168
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Financial Constraints and Innovation: Why Poor Countries Don't Catch Up
Gorodnichenko, Yuriy; Schnitzer, Monika - Institute for the Study of Labor (IZA) - 2010
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10008592859