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Use and Abuse of Authority : A Behavioral Foundation of the Employment Relation
Bartling, Björn - 2012
, endogenous formation of efficient long-run employment relations. Our results inform the theory of the firm by showing how …
Persistent link: https://www.econbiz.de/10013096768
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Regulation, Trust, and Cronyism in Middle Eastern Societies : The Simple Economics of 'Wasta'
Barnett, Andy - 2013
Despite being a fixture of everyday life in the Arab world, wasta, which may be thought of as special influence by members of the same group or tribe, has received little attention from social scientists. Our casual empiricism suggests that wasta is an important determinant of how economic...
Persistent link: https://www.econbiz.de/10013086661
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Resource Allocation and Firm Scope
Friebel, Guido; Raith, Michael - 2021
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … integration or non-integration is optimal. Our theory thus provides a simple answer to Williamson's "selective …
Persistent link: https://www.econbiz.de/10013317478
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Coordination of Hours within the Firm
Labanca, Claudio; Pozzoli, Dario - 2023
Although coworkers are spending an increasing share of their working time interacting with one another, little is known about how the coordination of hours among heterogenous coworkers affects pay, productivity and labor supply. In this paper, we use linked employer-employee data on hours worked...
Persistent link: https://www.econbiz.de/10014357207
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Internal Adjustment Costs of Firm-Specific Factors and the Neoclassical Theory of the Firm
Chetty, V. K.; Heckman, James J. - 2022
This paper considers the consequences of a two-sector vertically-integrated model of firms producing output using firm-specific capital with a second sector producing firm-specific capital by adapting raw capital purchased in the market. Analysts rarely observe each sector separately....
Persistent link: https://www.econbiz.de/10014241682
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Family Ties
Alesina, Alberto F. - 2013
We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review...
Persistent link: https://www.econbiz.de/10013082136
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An Economic Analysis of Exclusion Restrictions for Instrumental Variable Estimation
van den Berg, Gerard J. - 2007
Instrumental variable estimation requires untestable exclusion restrictions. With policy effects on individual outcomes, there is typically a time interval between the moment the agent realizes that he may be exposed to the policy and the actual exposure or the announcement of the actual...
Persistent link: https://www.econbiz.de/10012777599
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Defending Gibrat's Law as a Long-Run Regularity
Lotti, Francesca; Santarelli, Enrico; Vivarelli, Marco - 2021
According to Gibrat's Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. While earlier studies tended to confirm the Law, more recent research generally rejects it. This paper reconciles these two streams of...
Persistent link: https://www.econbiz.de/10013317119
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Technological and Organizational Changes, andLabor Flows: Evidence on French Establishments
Askenazy, Philippe; Moreno Galbis, Eva - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper investigates the effects of organizational and technological changes on jobstability of different occupational categories in France. We conduct an empirical analysis inwhich we make extensive use of a unique data set on a representative sample of Frenchestablishments...
Persistent link: https://www.econbiz.de/10005863370
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Sports and Child Development
Felfe, Christina - 2011
Despite the relevance of cognitive and non-cognitive skills for professional success, their formation is not yet fully understood. This study fills part of this gap by analyzing the effect of sports club participation, one of the most popular extra-curricular activities, on children's skill...
Persistent link: https://www.econbiz.de/10013118274