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Bloom, Nicholas - 2014

outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to …

Persistent link: https://www.econbiz.de/10013044342

Management Practices, Workforce Selection and Productivity

Bender, Stefan - 2016

and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …

Persistent link: https://www.econbiz.de/10012996465

Competition and Innovation : An Inverted U Relationship

Aghion, Philippe; Bloom, Nicholas; Griffith, Rachel; … - 2021

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among …

Persistent link: https://www.econbiz.de/10013230578

Modern Management: Good for the Environment of Just Hot Air?

Bloom, Nicholas; Genakos, Christos; Martin, Ralf; … - Stanford Institute for Economic Policy Research … - 2008

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...

Persistent link: https://www.econbiz.de/10009141814

The New Empirical Economics of Management

Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Scur, … - Stanford Institute for Economic Policy Research … - 2014

Over the last decade the World Management Survey (WMS) has collected firmlevel management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has been...

Persistent link: https://www.econbiz.de/10010878026

Does Management Matter? Evidence From India

Bloom, Nicholas; McKenzie, David - Stanford Institute for Economic Policy Research … - 2010

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this we ran a management field experiment on large Indian textile firms. We provided free consulting on modern management practices to a randomly chosen...

Persistent link: https://www.econbiz.de/10008790222

Macroeconomic Adjustment and the History of Crises in Open Economies

Aizenman, Joshua - 2012

This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980‐2010 for all countries for which the required information is available, controlling...

Persistent link: https://www.econbiz.de/10013098139

Saving and the Long Shadow of Macroeconomic Shocks

Aizenman, Joshua - 2013

The global crisis of 2008 raises many questions regarding the long‐term response to crises. We know that households that lost access to credit, for example, were forced to adjust and increase saving. But, will households keep on saving more than they would have done otherwise had the global...

Persistent link: https://www.econbiz.de/10013081508

Covid-Induced Economic Uncertainty

Baker, Scott R. - 2020

Assessing the economic impact of the COVID-19 pandemic is essential for policymakers, but challenging because the crisis has unfolded with extreme speed. We identify three indicators – stock market volatility, newspaper-based economic uncertainty, and subjective uncertainty in business...

Persistent link: https://www.econbiz.de/10012837188

Turbulence, Firm Decentralization and Growth in Bad Times

Aghion, Philippe - 2017

What is the optimal form of firm organization during “bad times”? We present a model of delegation within the firm to show that the effect is ambiguous. The greater turbulence following macro shocks may benefit decentralized firms because the value of local information increases (the...

Persistent link: https://www.econbiz.de/10012957377