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Trade, wages, and profits
Egger, Peter; Egger, Hartmut; Kreickemeier, Udo - 2011
Persistent link: https://www.econbiz.de/10009486682
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2012
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10009581985
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Production function estimation with measurement error in inputs
Collard-Wexler, Allan; De Loecker, Jan - 2016
Persistent link: https://www.econbiz.de/10011524509
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Daily Cross-Border Equity Flows : Pushed or Pulled?
Griffin, John M. - 2002
In a model that is consistent with the existence of a home bias and with foreign investors that are less informed than domestic investors, we show that unexpectedly high worldwide returns lead to net equity inflows into small countries. In addition, a small country experiences net equity inflows...
Persistent link: https://www.econbiz.de/10012469714
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Beyond Balassa and Samuelson : real convergence, capital flows, and competitiveness in Greece
Belke, Ansgar; Haskamp, Ulrich; Schnabl, Gunther; … - 2015
estimations for the period from 1995 to 2013 show evidence in favour of capital inflow-driven real wage increases in excess of …
Persistent link: https://www.econbiz.de/10011350203
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Managed floating : understanding the new international monetary order
Bofinger, Peter; Wollmershäuser, Timo - 2001
Persistent link: https://www.econbiz.de/10013423647
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Liquidity constraints, household wealth, and entrepreneurship revisited
Fairlie, Robert W.; Krashinsky, Harry A. - 2012 - Current Draft: August 2011
A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship as providing evidence of liquidity constraints. Recently, however, the liquidity constraint interpretation has been challenged because of the finding that the relationship...
Persistent link: https://www.econbiz.de/10009522307
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Do entrepreneurs matter?
Becker, Sascha O.; Hvide, Hans K. - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance …
Persistent link: https://www.econbiz.de/10009691623
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Do entrepreneurs matter?
Becker, Sascha O.; Hvide, Hans K. - 2013
Persistent link: https://www.econbiz.de/10009713853