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An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...
Persistent link: https://www.econbiz.de/10010961044
This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the … determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational … transactions costs. In so doing, we must abandon the standard dichotomy between the determinants of plant size and firm size. The …
Persistent link: https://www.econbiz.de/10005763561
implications of firm size and competition on the foundation of organizations are also addressed. …
Persistent link: https://www.econbiz.de/10005822215
This paper discusses the optimal firm size in the presence of influence activities, and the level of individual rent …-seeking dependent on the economic situation of the firm. Since firm size has a discouraging effect on the level of individual rent … employer chooses an inefficiently small or large firm size. In the given setting, a bad economic situation leads to both a …
Persistent link: https://www.econbiz.de/10005822433
of convergence change across the process. These variables lose their explanatory power as firm and average country …
Persistent link: https://www.econbiz.de/10010790511
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10011078403
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10005762271
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10010959698
economy? Our results show that foreign plants are more likely to exit the economy, controlling for other firm and industry …
Persistent link: https://www.econbiz.de/10005703781
By using a large new panel of individual data, including objective measures of worker performance, we provide some of the most rigorous evidence to date on several related dimensions of enduring debates surrounding upward-sloping earnings-tenure profiles. Most importantly we provide the first...
Persistent link: https://www.econbiz.de/10005822365