Narrow search
Showing 1 - 10 of 444
Cover Image
The Theory of Human Capital Revisited: On the Interaction of General and Specific Investments
Kessler, Anke S.; Lülfesmann, Christoph - CESifo - 2002
Human capital theory distinguishes between training in general-usage and firm-specific skills. In his seminal work, Becker (1964) argues that employers will not be willing to invest in general training when labor markets are competitive. However, they are willing to invest in specific training...
Persistent link: https://www.econbiz.de/10005766086
Cover Image
Social Networks, Ethnicity, and Entrepreneurship
Kerr, William - 2017
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, the concentration of Korean self-employment in dry cleaners is 34 times greater than other immigrant groups, and...
Persistent link: https://www.econbiz.de/10012965722
Cover Image
Observable Strategies, Commitments, and Contracts
Warneryd, Karl - 2021
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent’s rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit...
Persistent link: https://www.econbiz.de/10013315559
Cover Image
Observable Strategies, Commitments, and Contracts
Wärneryd, Karl - CESifo - 2014
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent’s rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit...
Persistent link: https://www.econbiz.de/10011086457
Cover Image
Directed Generosity and Network Formation : Network Dimension Matters
D'Exelle, Ben - 2010
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network dimensions (friendship, social support, economic exchange, etc.) in a rural village in the Southern hemisphere and measure generosity with a sequence of dictator games conducted in...
Persistent link: https://www.econbiz.de/10013134886
Cover Image
Directed Generosity and Network Formation: Network Dimension Matters
D'Exelle, Ben; Riedl, Arno - CESifo - 2010
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network dimensions (friendship, social support, economic exchange, etc.) in a rural village in the Southern hemisphere and measure generosity with a sequence of dictator games conducted in...
Persistent link: https://www.econbiz.de/10008833916
Cover Image
Exit Dynamics of Start-Up Firms : Does Profit Matter?
Golombek, Rolf - 2015
We estimate by means of indirect inference a structural economic model where firms' exit and investment decisions are …
Persistent link: https://www.econbiz.de/10013028914
Cover Image
Exit Dynamics of Start-up Firms: Does Profit Matter?
Golombek, Rolf; Raknerud, Arvid - CESifo - 2015
We estimate by means of indirect inference a structural economic model where firms’ exit and investment decisions are …
Persistent link: https://www.econbiz.de/10011124892
Cover Image
The Efficiency Costs of Dividend Taxation with Managerial Firms
Koethenbuerger, Marko - 2015
-verifiable managerial effort enhances taxable profits. We show that investment changes following a rise in dividend taxes might not be … investment response, in contrast to insights from previous literature. We provide a testable implication to infer the mode of … investment finance from investment responses. Furthermore, we show that imposing income tax on managerial incentive pay is …
Persistent link: https://www.econbiz.de/10013011653
Cover Image
Profit Shifting and Investment Effects : The Implications of Zero-Taxable Profits
Koethenbuerger, Marko - 2018
-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes …
Persistent link: https://www.econbiz.de/10012921411