Showing 1 - 10 of 604
This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage … study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper …
Persistent link: https://www.econbiz.de/10010496909
upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …
Persistent link: https://www.econbiz.de/10011929606
The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions … endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that … as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer …
Persistent link: https://www.econbiz.de/10011406796
decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and instrumental … annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment targets. Our …. Additionally, an alternative policy of productivity investment subsidies proved costly and less effective in the short term. …
Persistent link: https://www.econbiz.de/10014340125
factor productivity growth-particularly among the less productive firms under private Chinese or foreign ownership, but not …
Persistent link: https://www.econbiz.de/10011718640
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age-old conventional wisdom on its head. This paper demonstrates that this apparently paradoxical result is perfectly plausible in a competitive general equilibrium production...
Persistent link: https://www.econbiz.de/10012162484
incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …, since their job-offer disincentives are countervailed by their job-acceptance incentives. …
Persistent link: https://www.econbiz.de/10010371904
This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage increases an exporter's foreign-market size and may...
Persistent link: https://www.econbiz.de/10014496460
This paper provides a comprehensive assessment of the margins along which firms in Norway respond to increased union density, using legislative changes in the tax deductibility of union dues as a quasi-exogenous shock to firm-level unionization rates. Despite higher personnel costs driven by a...
Persistent link: https://www.econbiz.de/10014450766
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … therefore on their colleagues' productivity. We study the effects of such externalities in a competitive labor market if workers … have private information on their productivity. We find that in any competitive equilibrium there must be Pareto …
Persistent link: https://www.econbiz.de/10010245995