Showing 1 - 10 of 314
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China …-agricultural sector as the key driver of growth. We also find significant misallocation of capital: The less efficient state sector …
Persistent link: https://www.econbiz.de/10008615448
unions are remarkable: unions in the workplace significantly improve productivity but reduce enterprise profitability …
Persistent link: https://www.econbiz.de/10010734422
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10011165592
When a society overthrows a ruler – call the ruler Caesar – what determines whether Caesar is killed or enslaved? This paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power. The model pertains to societies which value...
Persistent link: https://www.econbiz.de/10005822039
executive's internal career. Our data show that bonus payments are mostly prevalent among senior executives at higher hierarchy …
Persistent link: https://www.econbiz.de/10008683663
Internal organization relies heavily on psychological consistency requirements. This thought has been emphasized in modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several topics in the theory of the firm, like the boundaries of...
Persistent link: https://www.econbiz.de/10009251371
High-performance work practices are frequently considered to have positive effects on corporate performance, but what do they do for employees? After assessing the correlation between organizational innovation and firm performance, this article investigates whether high-involvement work...
Persistent link: https://www.econbiz.de/10010796446
This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management...
Persistent link: https://www.econbiz.de/10010884351
The impact of school resources on the quality of education in developing countries may depend crucially on whether resources are targeted efficiently. In this paper we use a randomized experiment to analyze the impact of a school grants program in Senegal, which decentralized a portion of the...
Persistent link: https://www.econbiz.de/10011246334
This paper studies how decentralization of wage bargaining from sector to firm-level influences wage levels and wage … dispersion. We use detailed panel data covering a period of decentralization in the Danish labor market. The decentralization … decentralization. We find a wage premium associated with firm-level bargaining relative to sector-level bargaining, and that the return …
Persistent link: https://www.econbiz.de/10009369102