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Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...
Persistent link: https://www.econbiz.de/10014556622
or executive managers, have to be assigned to temporary projects. In firms with many employees and various different …
Persistent link: https://www.econbiz.de/10009765514
compensation to managers in low-tax jurisdictions, if payroll enters the FA formula. Managers in high-tax jurisdictions face the …
Persistent link: https://www.econbiz.de/10010383849
This paper presents a model of two countries competing for a pool of students from the rest of the world (ROW). In equilibrium, one country offers high educational quality for high tuition fees, while the other country provides a low quality and charges low fees. The quality in the high quality...
Persistent link: https://www.econbiz.de/10009011762
We provide a normative analysis of endogenous student and worker mobility in the presence of diverging interests between universities and governments. Student mobility generates a university competition effect which induces them to overinvest in education, whereas worker mobility generates a...
Persistent link: https://www.econbiz.de/10009011793
This paper analyzes the determinants of the choice of location of international students. Building on the documented trends in international migration of students, we develop a small theoretical model allowing to identify the various factors associated to the attraction of migrants as well as...
Persistent link: https://www.econbiz.de/10009570697
We study voting over higher education finance in an economy with two regions and two separated labor markets. Households differ in their financial endowment and their children's ability. Non-students are immobile. Students decide where to study; they return home after graduation with exogenous...
Persistent link: https://www.econbiz.de/10009571122
It is common knowledge that mobile individuals are difficult to tax. Governments accommodate these difficulties by granting special tax reductions to mobile individuals as it is expedient to get some tax revenue from these individuals rather than to lose them as tax payers completely. Taxing...
Persistent link: https://www.econbiz.de/10009375253
We study whether national leaders' foreign education influences their foreign policy, measured by voting behavior at the United Nations General Assembly (UNGA). We hypothesize that "affinity" - pre-existing or developed while studying abroad - makes leaders with foreign education more likely to...
Persistent link: https://www.econbiz.de/10011457974
Many migrations are temporary - a fact that has often been ignored in the economic literature on migration. Such omission may be serious in that expected migration temporariness can impart a distinct dynamic element to immigrants' economic behavior, generating possible consequences for...
Persistent link: https://www.econbiz.de/10010476669