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Aggregate shocks or aggregate information? : Costly information and business cycle comovement
Veldkamp, Laura (contributor); Wolfers, Justin (contributor) - 2006
has examined complementarities in production, we propose that sectors make similar input decisions because of … complementarities in information acquisition. Because information about driving forces has a high fixed cost of production and a low … correlated production choices. This mechanism amplifies the effects of common shocks, relative to sectoral shocks. …
Persistent link: https://www.econbiz.de/10003474099
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Fiscal zoning, sales taxes, and employment : do higher sales taxes lead to more jobs in retailing and fewer jobs in manufacturing?
Burnes, Daria; Neumark, David; White, Michelle J. - 2012
We test the hypothesis that local government officials in jurisdictions that have higher local sales taxes are more likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local sales tax rates, but employment in big box and anchor...
Persistent link: https://www.econbiz.de/10009533477
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Using response times to measure strategic complexity and the value of thinking in games
Gill, David; Prowse, Victoria L. - 2017
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
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Creative and strategic capabilities of generative AI : evidence from large-scale experiments
Bohren, Noah; Hakimov, Rustamdjan; Lalive, Rafael - 2024
Generative artificial intelligence (AI) has made substantial progress, but its full capabilities remain unclear, and we still lack a comprehensive understanding of how people augment productivity with AI and perceive AI-generated outputs. This study compares the ability of AI to a representative...
Persistent link: https://www.econbiz.de/10015064420
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Firms' ethics, consumer boycotts, and signalling
Glazer, Amihai (contributor); Kanniainen, Vesa (contributor) - 2008
This paper develops a theory of consumer boycotts. Some consumers care not only about the products they buy but also about whether the firm behaves ethically. Other consumers do not care about the behavior of the firm but yet may like to give the impression of being ethical consumers....
Persistent link: https://www.econbiz.de/10003716536
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Union membership effect on wage premiums : evidence from organized manufacturing industries in India
Bhandari, Amit Kumar (contributor) - 2008
Trade unionism is a legislative system of organizing workers and raising voices for economic and social goods. As the process of global integration deepens the labour market become more flexible and fragmented, rendering collective organization more and more difficult. In this backdrop, the...
Persistent link: https://www.econbiz.de/10003760317
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Analysis of pay inequality and its impacts on growth and performance in the Korean manufacturing industry
Kim, Yunhee (contributor); Lee, Jeong-dong (contributor);  … - 2008
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...
Persistent link: https://www.econbiz.de/10003769576
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Real wages over the business cycle : OECD evidence from the time and frequency domains
Messina, Julian (contributor); Strozzi, Chiara (contributor) - 2008
We study differences in the adjustment of aggregate real wages in the manufacturing sector over the business cycle across OECD countries, combining results from different data and dynamic methods. Summary measures of cyclicality show genuine cross-country heterogeneity even after controlling for...
Persistent link: https://www.econbiz.de/10003784405
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Do temporary contracts affect TFP? : evidence from Spanish manufacturing firms
Dolado, Juan J. (contributor); Stucchi, Rodolfo (contributor) - 2008
This paper evaluates the impact of the widespread use of fixed-term contracts in Spain on firms' TFP, via its effect on workers' effort. We propose a simple analytical framework showing that, under plausible conditions, workers' effort depends positively on their perception (for given level of...
Persistent link: https://www.econbiz.de/10003777934
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Higher productivity in importing German manufacturing firms : self-selection, learning from importing, or both?
Vogel, Alexander (contributor); Wagner, Joachim (contributor) - 2008
This paper uses a newly available comprehensive panel data set for manufacturing enterprises from 2001 to 2005 to document the first empirical results on the relationship between imports and productivity for Germany, a leading actor on the world market for goods. Furthermore, for the first time...
Persistent link: https://www.econbiz.de/10003779041