Showing 1 - 10 of 88
We introduce the technique of band spectral panel regression (BSPR) to analyze global linkages across sectors and …
Persistent link: https://www.econbiz.de/10014534399
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012179900
We propose a new empirical framework that jointly decomposes the conditional variance of economic time series into a common and a sector-specific uncertainty component. We apply our framework to a large dataset of disaggregated industrial production series for the US economy. Our results...
Persistent link: https://www.econbiz.de/10013470293
Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … data we confirm that firms adjust on both margins for market size. In a stochastic setting, firms adjust to increased …
Persistent link: https://www.econbiz.de/10010352438
We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish … manufacturing firms over a 27-year period (1990-2016). We focus on three central questions: (1) Which firms adopt robots? (2) What …-ante larger and more productive firms are more likely to adopt robots, while ex-ante more skill-intensive firms are less likely to …
Persistent link: https://www.econbiz.de/10012018299
studies the impact of violent conflict on firms, exploiting this period of heightened violence in Mexico commonly referred to … controls for observable and unobservable differences across cities and firms as well as for product-specific business cycles …-intensity within firms. It also deters domestic, but not international, trade. The effect of the violence shock on firms is very …
Persistent link: https://www.econbiz.de/10011932095
conceptual framework to differentiate between OCGs' motives for infiltrating legal firms and validate it using new data from the … Italian Financial Intelligence Unit. About 2% of Italian firms appear to have links with OCGs, with three primary motives …. Firms established by OCGs are predominantly used for criminal activities (functional motive). Medium-sized firms, often …
Persistent link: https://www.econbiz.de/10014534297
We present evidence that is consistent with large disparities across firms in their on-the-job learning opportunities …, using administrative datasets from Brazil and Italy. We categorize firms into discrete "classes"—which our conceptual … framework interprets as skill-learning classes—using a clustering methodology that groups together firms with similar …
Persistent link: https://www.econbiz.de/10014534444
digital technologies (IDT), on firms' employment structure using Italian firm-level data. It employs a unique empirical …-competent workforce, as supported by firms' training and recruitment plans. Conversely, ODT investment does not significantly alter total … ODT and IDT and highlighting nuanced employment dynamics within firms. …
Persistent link: https://www.econbiz.de/10014534458
The process of matching between firms and workers is an important mechanism in determining the distribution of wages … quality firms have strong incentives to screen for the quality of workers. This process will increase the positive quality … increasing the variance of workers abilities, may drive stronger PAM between firms and workers. Using French matched employer …
Persistent link: https://www.econbiz.de/10012207939