Showing 1 - 10 of 46
This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...
Persistent link: https://www.econbiz.de/10009007018
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10009695982
This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a positive relationship between the presence of these...
Persistent link: https://www.econbiz.de/10010246653
We study the gender pay gap in the labor market for CEOs by analysing 1,174 outsider CEO successions over the past three decades across 18 countries. We find that male and female CEOs receive a similar compensation overall but this masks marked gender differences in the pay structure: namely,...
Persistent link: https://www.econbiz.de/10013471202
endogenous sorting between lengthy and costly firing procedures. The model also rationalizes the longevity of the dual Dutch …
Persistent link: https://www.econbiz.de/10011289335
; that the sorting of altruistic people to the public sector takes place only within the caring industries; and that the …
Persistent link: https://www.econbiz.de/10010364489
The theory of compensating differentials has proven difficult to test with observational data: the consequences of selection, unobserved firm and worker characteristics, and the broader macroeconomic environment complicate most analyses. Instead, we construct experimental, real-effort labor...
Persistent link: https://www.econbiz.de/10010477537
We test for sorting of workers between and within industrial sectors in a directed search model with coordination … applied to a broad class of assignment models. The results indicate that industries are the loci of sorting-more productive …
Persistent link: https://www.econbiz.de/10010403442
This paper examines to what extent non-random sorting of spouses affects earnings inequality while explicitly … predictions based on a structural model of labor supply. The main finding is that the impact of marital sorting on earnings … disequalizing impact of nonrandom sorting on inequality which is stable since the 1980s. Taking labor supply choices as given would …
Persistent link: https://www.econbiz.de/10010408835
We propose an integrated framework to discuss the empirical literature on the local determinants of agglomeration effects. We start by presenting the theoretical mechanisms that ground individual and aggregate empirical specifications. We gradually introduce static effects, dynamic effects, and...
Persistent link: https://www.econbiz.de/10010410395