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How much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we...
Persistent link: https://www.econbiz.de/10003724136
Many European labor markets are characterized by heavy employment protection taxes and the widespread use of fixed-duration contracts. The simultaneous use of these two policy instruments seems somewhat contradictory since the former primarily aims at limiting job destruction whereas the latter...
Persistent link: https://www.econbiz.de/10011391776
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …
Persistent link: https://www.econbiz.de/10003597575
Drawing on principal-agent perspectives on corporate governance, this paper examines whether employees' hourly pay is linked to ownership dispersion. Using linked workplace-worker data from the British Workplace Employment Relations Survey (WERS) 2011, we find average hourly pay is higher in...
Persistent link: https://www.econbiz.de/10011307884
This paper presents theory and evidence showing that institutional reforms in developing countries can effectively …
Persistent link: https://www.econbiz.de/10010128870
and trade data from Chinese customs provide support to our proposed theory, thus shedding light on the changes in firm …
Persistent link: https://www.econbiz.de/10011709828
predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant …
Persistent link: https://www.econbiz.de/10003759900
This paper analyzes causes of the low self-employment rates among Hispanics, which are nearly half of non-Hispanic white self-employment rates. Relatively little is known of the reason for the lower entrepreneurship rates among Hispanics, the fastest growing ethnic group in the U.S. The paper...
Persistent link: https://www.econbiz.de/10003314670
Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...
Persistent link: https://www.econbiz.de/10003824288
We assess a prominent argument for local economic policies that favor locally-owned businesses - namely, that locally-owned firms are more likely to internalize the costs to the community of decisions to reduce employment and hence help to insulate cities from adverse economic shocks. We test...
Persistent link: https://www.econbiz.de/10003898087