Showing 1 - 10 of 311
Thanks to algorithmic management, the digital platform sector does not require sophisticated governance structures and labour intensity tends to be higher than in traditional sectors. So, why aren’t usually digital labour platforms worker cooperatives? We develop a simple model to study the...
Persistent link: https://www.econbiz.de/10012052814
Thanks to algorithmic management, the digital platform sector does not require sophisticated governance structures and labour intensity tends to be higher than in traditional sectors. So, why aren’t usually digital labour platforms worker cooperatives? We develop a simple model to study...
Persistent link: https://www.econbiz.de/10012866809
The focus is upon equilibrium real exchange rates, optimal external debt and their interaction, in a world where both the return on investment and the real rate of interest are stochastic variables. These theoretically based measures are applied empirically to answer the following questions:...
Persistent link: https://www.econbiz.de/10010261108
We estimate by means of indirect inference a structural economic model where firms' exit and investment decisions are the solution to a discrete-continuous dynamic programming problem. In the model the exit probability depends on the current capital stock and a measure of short-run...
Persistent link: https://www.econbiz.de/10010480899
In this paper we investigate optimal harvesting of a renewable natural resource. While in the standard approach the resource is located at a single point in space we allow for the resource to be distributed over the plane. Consequently, an agent who exploits the resource has to travel from one...
Persistent link: https://www.econbiz.de/10010290761
chance of survival than those in second and third class. British passengers were more likely to perish than members of other …
Persistent link: https://www.econbiz.de/10010264561
The paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more … descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence … indicated a drastic decay in survival after only a few years and contrasts with the higher survival of firms in the franchising …
Persistent link: https://www.econbiz.de/10010274734
The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as …. Salient results include the positive role played by firm size, industry size and industry growth on survival and yet the …
Persistent link: https://www.econbiz.de/10010280848
In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their competitiveness. Using exogenous variation in the administrative land supply across 172 Chinese cities, we show that higher predicted real...
Persistent link: https://www.econbiz.de/10012179727
One of the key questions in the study of regulation is whether the costs of regulatory compliance fall homogeneously on all businesses or whether certain firms, for instance small ones, are especially penalized. We quantify firms' compliance costs in terms of their labor spending to adhere to...
Persistent link: https://www.econbiz.de/10014377563