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Contractual Dualism, Market Power and Informality

Basu, Arnab K. - 2011

Two stylized representations are often found in the academic and policy literature on informality and formality in developing countries. The first is that the informal (or unregulated) sector is more competitive than the formal (or regulated) sector. The second is that contract enforcement is...

Persistent link: https://www.econbiz.de/10013122167

Concentrating on the Fall of the Labor Share

Autor, David H. - 2017

The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...

Persistent link: https://www.econbiz.de/10012963787

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...

Persistent link: https://www.econbiz.de/10012956029

Labor Market Power

Berger, David - 2019

What are the welfare implications of labor market power? We provide an answer to this question in two steps: (1) we develop a tractable quantitative, general equilibrium, oligopsony model of the labor market, (2) we estimate key parameters using within-firm-state, across-market differences in...

Persistent link: https://www.econbiz.de/10012870206

When, Where and How to Perform Efficiency Estimation

Badunenko, Oleg - 2011

In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …

Persistent link: https://www.econbiz.de/10013120128

Efficiency in Employee-Owned Enterprises : An Econometric Case Study of Mondragon

Arando, Saioa - 2011

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski …

Persistent link: https://www.econbiz.de/10013124780

Worker Cooperatives and Democratic Governance

Pencavel, John H. - 2012

efficiency of co-ops; and on problems of democratic governance within co-ops. Using modern empirical methods applied to large …

Persistent link: https://www.econbiz.de/10013099086

Efficient Targeting in Childhood Interventions

Paul, Alexander - 2020

Many targeted childhood interventions such as the Perry Preschool Project select eligible children based on a risk score. The variables entering the risk score and their corresponding weights are usually chosen ad hoc and are unlikely to be optimal. This paper develops a simple economic model...

Persistent link: https://www.econbiz.de/10012840456

Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology

Cherchye, L. - 2006

. We illustrate our methodology by examining the cost efficiency of research programs in Economics and Business Management … cost efficiency differences between universities within specific specialization areas, even when using shadow prices to …

Persistent link: https://www.econbiz.de/10012779393

Corporate Efficiency, Credit Status and Investment

Quader, Manzur - 2014

switching regression models (SRM) incorporating a predicted corporate efficiency index are estimated in this paper in an effort …'s constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be …

Persistent link: https://www.econbiz.de/10013051438

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