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Effects of labor reallocation on productivity and inequality : insights from studies on transition
Tyrowicz, Joanna; Van der Velde, Lucas; Švejnar, Jan - 2016
From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such a link appear at the expense of higher income...
Persistent link: https://www.econbiz.de/10011543181
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Efficiency in employee-owned enterprises : an econometric case study of Mondragon
Arando, Saioa; Gago, Monica; Jones, Derek Charles; … - 2011
We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski … managed firm ; productive efficiency ; Mondragon ; shared capitalism …
Persistent link: https://www.econbiz.de/10009306898
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Macroeconomic derivatives : an initial analysis of market-based macro forecasts, uncertainty and risk
Gürkaynak, Refet S. (contributor);  … - 2005
. Finally we assess the role of risk, finding little evidence that risk-aversion drives a wedge between market prices and …
Persistent link: https://www.econbiz.de/10003227221
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The likelihood of divorce and the riskiness of financial decisions
Stark, Oded; Szczygielski, Krzysztof - 2019
stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …
Persistent link: https://www.econbiz.de/10012059447
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Firm dynamics with frictional product and labor markets
Kaas, Leo; Kimasa, Bihemo - 2018
shocks to the first and second moments of idiosyncratic risk on macroeconomic outcomes. An increase in demand uncertainty …
Persistent link: https://www.econbiz.de/10011896893
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The provision of wage insurance by the firm : evidence from a longitudinal matched employer-employee dataset
Cardoso, Ana Rute (contributor); Portela, Miguel (contributor) - 2005
uncertainty ; wage shocks ; risk sharing ; wage insurance …
Persistent link: https://www.econbiz.de/10003212064
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Access to banking services and poverty reduction : a state-wise assessment in India
Bhandari, Amit Kumar - 2009
Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the … banking services to maximum number of people is unsuccessful as a poverty reduction strategy. As a poverty reduction strategy …, developing inclusive financial systems should give priority, which is financially and socially sustainable. -- Banking …
Persistent link: https://www.econbiz.de/10003831814
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Incentive pay and performance : insider econometrics in a multi-unit firm
Bogaard, Hein; Švejnar, Jan - 2013
We exploit organizational reforms in a foreign-owned bank in Central-East Europe to study the implementation of modern HRM policies in an emerging market context. We have branch-level data and use our knowledge of the process that led to the adoption of the reforms to implement two estimators...
Persistent link: https://www.econbiz.de/10010224591
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How successful are banking sector reforms in emerging market economies? : evidence from impact of monetary policy on levels and structures of firm debt in India
Bhaumik, Sumon Kumar; Kutan, Ali Mustafa; Majumdar, Sudipa - 2016
Many emerging markets have undertaken significant financial sector reforms especially in their banking sectors that … success of banking reforms in India where significant banking reforms have been introduced since 1990s. Using the argument …
Persistent link: https://www.econbiz.de/10011493763
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Media capture by banks
Durante, Ruben; Fabiani, Andrea; Laeven, Luc; Peydró, … - 2022
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...
Persistent link: https://www.econbiz.de/10013173241