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Executive Compensation : Six Questions that Need Answering
Abowd, John M. - 1999
the executive. Agency theory remains the only viable candidate for answering the question about how executive compensation … compensation, in the context of agency theory. We suggest two fertile areas for research regarding the improvement of executive …
Persistent link: https://www.econbiz.de/10012471670
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Learning by Doing and the Dynamic Effects of International Trade
Young, Alwyn - 1991
Using an endogenous growth model in which learning by doing, although bounded in each good, exhibits spillovers across goods, this paper investigates the dynamic effects of international trade. Examining an LDC and a DC, the latter distinguished by a higher initial level of knowledge, under...
Persistent link: https://www.econbiz.de/10012475443
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The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages
Baldwin, Robert E. - 1995
employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and … wages. However, further studies are needed to understand better the employment and wage impact of foreign direct investment …
Persistent link: https://www.econbiz.de/10012473856
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Product Prices and the OECD Cycle
Kraay, Aart - 2000
result, the demand for labour throughout the industrialized world. This generates increases in wages, employment and output …
Persistent link: https://www.econbiz.de/10012470962
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Demographic Changes and International Factor Mobility
Helliwell, John F. - 2004
This paper reviews the extent and policy implications of linkages between demographic changes and international factor mobility. Evidence is found of significant demographic effects on both migration and the current account, but for different reasons neither increased migration nor international...
Persistent link: https://www.econbiz.de/10012467742
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Trade Linkages and Output-Multiplier Effects : A Structural VAR Approach with a Focus on Asia
Abeysinghe, Tilak - 2001
This paper develops a structural VAR model to measure how a shock to one country can affect the GDP of other countries. It uses trade linkages to estimate the multiplier effects of a shock as it is transmitted through other countries' output fluctuations. The paper introduces a new specification...
Persistent link: https://www.econbiz.de/10012470116
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Borders, Trade and Welfare
Anderson, James E. - 2001
International economic integration yields large potential welfare effects, even in a static constant returns competitive world economy. Our method is novel. The effect of border barriers on trade flows is often inferred from gravity models. But their rather atheoretic structure precludes welfare...
Persistent link: https://www.econbiz.de/10012470203
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Do Endowments Predict the Location of Production? Evidence from National and International Data
Bernstein, Jeffrey R. - 1998
Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy....
Persistent link: https://www.econbiz.de/10012471998
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In Search of Stolper-Samuelson Effects on U.S. Wages
Leamer, Edward E. - 1996
Economic growth in Europe and Asia and Latin America could have contri- buted in many different ways to lower wages and … price reductions twist the labor demand curve, dictating lower real wages for unskilled workers who reside in communities … with abundant unskilled labor but raising the wages for unskilled workers who are fortunate to live in communities …
Persistent link: https://www.econbiz.de/10012473437
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Gains from Trade : Does Sectoral Heterogeneity Matter?
Giri, Rahul - 2020
gains from trade, which is consistent with the theory …
Persistent link: https://www.econbiz.de/10012479265