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Urban Specialisation; from Sectoral to Functional
Gervais, Antoine; Markusen, James R.; Venables, Anthony J. - 2021
combines elements of the literatures on economic geography, multinational firms, urban economics, and trade theory. A two …
Persistent link: https://www.econbiz.de/10013250045
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Do Multinationals Transplant Their Business Model?
Marin, Dalia - 2019
What determines whether or not multinational firms transplant the mode of organisation to other countries? We embed the … theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic … test the theory with original and matched parent and affiliate data on the level of decentralization of 660 Austrian and …
Persistent link: https://www.econbiz.de/10012860290
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Voluntary Equity, Project Risk, and Capital Requirements
Haufler, Andreas; Lülfesmann, Christoph - 2022
We introduce a model of the banking sector that formally incorporate a buffer function of capital. Heterogeneous banks choose their portfolio risk, bank size, and capital holdings. Banks voluntarily hold equity when the buffer effect against the risk of default outweighs the cost advantages of...
Persistent link: https://www.econbiz.de/10013308111
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Contractual and organizational structure with reciprocal agents
Englmaier, Florian; Leider, Stephen - 2008
Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...
Persistent link: https://www.econbiz.de/10010264451
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Migration and Cultural Change
Rapoport, Hillel - 2020
We examine both theoretically and empirically how migration affects cultural change in home and host countries. Our theoretical model integrates various compositional and cultural transmission mechanisms of migration-based cultural change for which it delivers distinctive testable predictions on...
Persistent link: https://www.econbiz.de/10012823554
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The Unfinished Business of State-Owned Enterprise Reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE...
Persistent link: https://www.econbiz.de/10012867873
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Technological and Organizational Change and the Careers of Workers
Battisti, Michele; Dustmann, Christian; Schonberg, Uta - 2022
This paper investigates the effects of technological and organizational change (T&O) on jobs and workers. We show that although T&O reduces firm demand for routine relative to abstract task-based jobs, affected workers do not face higher probability of non-employment or lower earnings growth...
Persistent link: https://www.econbiz.de/10014240479
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Organizational Barriers to Transforming Large Finance Corporations : Cloud Adoption and the Importance of Technological Architecture
Cao, Sam (Ruiqing); Iansiti, Marco - 2023
corporations do not experience similar losses. We also find evidence consistent with theory using two alternative measures based on …
Persistent link: https://www.econbiz.de/10014264871
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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
in work organisation away from the traditional functional departments and towards multi-tasking and job rotation. Whereas …
Persistent link: https://www.econbiz.de/10010316081
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Division of Labor and the Organization of Knowledge in Production : A Laboratory Experiment
Klockmann, Victor; von Schenk, Alicia; von Siemens, … - 2021
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire common knowledge. But if efficient production requires...
Persistent link: https://www.econbiz.de/10013250738