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Global sourcing of complex production processes
Schwarz, Christian; Südekum, Jens - 2010
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10009300131
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On the organizational structure of multinational firms : which sourcing mode for which input?
Südekum, Jens; Nowak, Verena Nina; Schwarz, Christian - 2012
Recent studies indicate that firms often outsource standard and simple tasks, while keeping complex and important inputs inside their boundaries. This observation is difficult to reconcile with the property rights approach of the firm, which suggests that important components should be...
Persistent link: https://www.econbiz.de/10009539235
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Time limits : the effects on welfare use and other consumption-smoothing mechanisms
Mazzolari, Francesca; Ragusa, Giuseppe - 2012
We use data from the Survey of Income and Program Participation covering the period 1989-2006 to investigate the impact …
Persistent link: https://www.econbiz.de/10009665634
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Minimum wage channels of adjustment
Hirsch, Barry T.; Kaufman, Bruce E.; Zelenska, Tetyana - 2011
precisely measure the MW compliance cost for each restaurant. We examine a broad range of adjustment channels in addition to … three years. Cost increases were instead absorbed through other channels of adjustment, including higher prices, lower …
Persistent link: https://www.econbiz.de/10009521219
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Schooling, family background, and adoption : is it nature or is it nurture?
Plug, Erik J. S.; Vijverberg, Wim P. M. - 2001
When parents are more educated, their children tend to receive more schooling as well. Does this occur because parental ability is passed on genetically or because more educated parents provide a better environment for children to flourish? Using an intergenerational sample of families, we...
Persistent link: https://www.econbiz.de/10011339672
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The impact of teams on output, quality and downtime : an empirical analysis using individual panel data
Jones, Derek Charles (contributor); Kato, Takao (contributor) - 2007
To investigate the size and the timing of the direct impact of participatory arrangements on business performance, we assemble and analyze extraordinary daily data - for rejection, production and downtime rates for all operators in a single plant during a 35 month period, more than 77,000...
Persistent link: https://www.econbiz.de/10003591493
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Bonus payments and reference point violations
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2010
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We find that falling behind a naturally occurring reference point for bonus comparisons reduces satisfaction and subsequent performance. The effects tend to be mitigated if...
Persistent link: https://www.econbiz.de/10003941775
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Have you heard the news? : how real-life expectations react to publicity
Wiel, Karen van der - 2009
As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...
Persistent link: https://www.econbiz.de/10003824962
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How fast do wages adjust to human-capital productivity? : dynamic panel-data evidence from Belgium, Denmark and Finland
Andini, Corrado - 2009
the Mincer equation where no equality is imposed but an adjustment between observed and potential earnings is allowed to … dynamic panel-data wage equation and provide measures of the speed of adjustment in Belgium, Denmark and Finland. Further, we …-bargaining model and argue that a micro-founded model can fit the data better than a simple adjustment model but requires more …
Persistent link: https://www.econbiz.de/10003920226
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Lumpy price adjustments : a microeconometric analysis
Dhyne, Emmanuel; Fuss, Catherine; Pesaran, M. Hashem; … - 2007
necessarily associated with large adjustment costs. Indeed, extrinsic rigidity appears to be significant in many cases. We also … find that asymmetry in the price adjustment could be due to trends in marginal costs and/or desired mark-ups rather than … asymmetric cost of adjustment bands. …
Persistent link: https://www.econbiz.de/10003595347