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Wage divergence and unemployment : the impact of insider power and training costs
Muysken, Joan - 2000
training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads … general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …
Persistent link: https://www.econbiz.de/10013428334
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An applied econometricians' view of empirical corporate governance studies
Börsch-Supan, Axel - 2000
The economic analysis of corporate governance is en vogue. In addition to a host of theoretical papers, an increasing number of empirical studies analyze how ownership structure, capital structure, the structure of the board and the market for corporate control influence firm performance. This...
Persistent link: https://www.econbiz.de/10013428324
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The economic evaluation of low and non-waste technologies
Pearce, David W. - 1983
Persistent link: https://www.econbiz.de/10002161068
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Effektive Steuerbelastungen bei Vorliegen ökonomischer Renten
Schreiber, Ulrich; Spengel, Christoph; Lammersen, Lothar - 2001
effective marginal tax rates and thus can show whether an investment is favoured or discriminated against by a simple comparison …
Persistent link: https://www.econbiz.de/10013428409
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Industry-level wage bargaining : a partial rehabilitation; the German experience
Fitzenberger, Bernd; Franz, Wolfgang - 1999
In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be … into the comparison, the unformly superior employment performance of a decentralized wage bargaining system is questioned …
Persistent link: https://www.econbiz.de/10013428257
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Project monitoring and banking competition under adverse selection
Kanniainen, Vesa; Stenbacka, Rune - 1998 - Revised version
We develop an analysis of ex ante monitoring of risky projects in banking. If protected from competition, banks are more concerned about not catching good risk projects when the perceived state of the economy improves, while they are more concerned about being induced to finance bad risk...
Persistent link: https://www.econbiz.de/10011417798
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Labor market dynamics when effort depends on wage growth comparisons
De la Croix, David; Palm, Franz C.; Urbain, Jean-Pierre - 1996
Persistent link: https://www.econbiz.de/10000947287
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Information transmission between banks and the market for corporate control
Bittner, Christian; Fecht, Falko; Pala, Melissa; Saidi, … - 2022
This paper provides evidence of deliberate private-information disclosure within banks’ international business networks. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of the target firm prior to the deal announcement,...
Persistent link: https://www.econbiz.de/10013336388
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Home ownership and social mobility
Blanden, Jo; Machin, Stephen - 2017
Persistent link: https://www.econbiz.de/10011629609
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Foreclosure and profit shifting with partial vertical ownership
Hunold, Matthias; Petrishcheva, Vasilisa - 2024
We demonstrate how the incentives of firms that partially own their suppliers or customers to foreclose rivals depend on how the partial owner can extract profits from the target. Compared to a fully vertically integrated firm, a partial owner may obtain only a share of the target's profit but...
Persistent link: https://www.econbiz.de/10014541862