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Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The effect of shocks depends on the nature of these institutions, and the effect of institutional change depends on the macroeconomic environment. It follows that a given set of...
Persistent link: https://www.econbiz.de/10010332726
While foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be equally productive workers, the causes of this remain unresolved. In a two-period bargaining framework we show that if training is more productive and specific in foreign firms,...
Persistent link: https://www.econbiz.de/10010332744
Persistent link: https://www.econbiz.de/10010332743
outsourcing, profits and innovation using plant level data. We find a positive effect of international outsourcing of services on … activities towards innovation. We also find that international services outsourcing has a positive effect on profitability, as …
Persistent link: https://www.econbiz.de/10010332766
The literature on new goods and social welfare generally assumes thatmanufacturers develop innovations. But innovation … impact of users as a source of innovation on product diversity,innovation, and welfare. We examine the impact of user … innovation oninefficiencies that bias the provision of new goods, and find that most areeither alleviated or non-existent for …
Persistent link: https://www.econbiz.de/10005870650