Showing 1 - 10 of 73
The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences. In this study, we use detailed firm level data to examine how increased internationalization and multinational activity affect the volatility of employment, or rather, the wage...
Persistent link: https://www.econbiz.de/10005207058
We show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high tech...
Persistent link: https://www.econbiz.de/10010542071
We use Swedish matched employer-employee data to analyze the impact of multinational activity and foreign acquisitions on the relative demand for different job tasks. We contribute to the literature by using a conceptualization from the recent literature in international economics and define the...
Persistent link: https://www.econbiz.de/10005645336
friends unattractive, and undermines the entrepreneur’s willingness to take risks. Altruistic ties thus constrain growth even … generating entrepreneurial growth. Our theory underscores the value of impersonal transactions, and implies that even …
Persistent link: https://www.econbiz.de/10010581013
In this study I present empirical evidence that employment in family firms is less sensitive to performance and product market fluctuations, both at the industry and at the firm level. This supports the idea that family firms are able to offer their employees implicit employment protection....
Persistent link: https://www.econbiz.de/10010818408
We use a survey to identify a consumer bias with regard to different sources of debt-financing. Less salient debt may generate psychological benefits. This should be weighed against the possible economic costs of a sub-optimal capital structure; but low levels of financial literacy make it...
Persistent link: https://www.econbiz.de/10005025462
We survey the literature on venture capital and institutions and present a case study comparing the development of the venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market development, the tax system, labor market regulations,...
Persistent link: https://www.econbiz.de/10010945002
In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In this paper, the effects of inflation via taxes on the firm's east of capital are analyzed. The taxes considered are the corporate income tax and household taxes on dividends...
Persistent link: https://www.econbiz.de/10011019062
After a severe crisis in the early 1990s, the Swedish economy experienced a boom in productivity growth. According to … economists there have been primarily three explanations for the fast productivity growth in 1995–2004: Market reforms, recovery … paper provides estimates of investment in intangible assets and uses the growth accounting framework to analyze the Swedish …
Persistent link: https://www.econbiz.de/10008528482
This paper shows that the liberalisation of foreign direct investment (FDI) tends to make the effect of labour costs on domestic investment and labour demand more negative.
Persistent link: https://www.econbiz.de/10005486502