Showing 1 - 10 of 96
standards and export performance. Our estimates based on data for the period 1980-2001 for EU-15 countries provides mixed …
Persistent link: https://www.econbiz.de/10012779788
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....
Persistent link: https://www.econbiz.de/10013057657
key firm-level outcomes: export status and size …
Persistent link: https://www.econbiz.de/10012997337
This paper examines the portability of social protection (old-age, retirement, and survivor benefits) in East Asia, particularly in the Association of Southeast Asian Nations (ASEAN), and analyzes possibilities for bilateral or multilateral cooperation in social security. It discusses evidence...
Persistent link: https://www.econbiz.de/10013315869
The introduction of firm size into labor search models raises the question how wages are set when average and marginal product differ. We develop and analyze an alternative to the existing bargaining framework: Firms compete for labor by publicly posting long–term contracts. In such a...
Persistent link: https://www.econbiz.de/10013038280
Theory suggests that large firms are more likely to engage in lobbying behaviour and are geographically more mobile than smaller entities. Conditional on jurisdiction size, policy choices are thus predicted to depend on the shape of a jurisdiction's firm size distribution, with more...
Persistent link: https://www.econbiz.de/10012921204
Regression analysis using panel data for 42 colleges and universities over 14 years suggests that the economics faculty size of universities offering a Ph.D. in economics is determined primarily by the long-run average number of Ph.D. degrees awarded annually; the number of full-time faculty...
Persistent link: https://www.econbiz.de/10013142502
One of the leading criticisms of the Efficient Market Hypothesis (EMH) is the presence of so-called "anomalies", i.e. empirical evidence of abnormal behaviour of asset prices which is inconsistent with market efficiency. However, most studies do not take into account transaction costs. Their...
Persistent link: https://www.econbiz.de/10013054316
The corporate finance literature documents that managers tend to overinvest into physical assets. A number of theoretical contributions have aimed to explain this stylized fact, most of them focussing on a fundamental agency problem between shareholders and managers. The present paper shows that...
Persistent link: https://www.econbiz.de/10013029509
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment as a worker discipline device, considering the...
Persistent link: https://www.econbiz.de/10013315813