Showing 1 - 10 of 1,592
manufacturing sector and different micro-econometric estimation strategies in order to control for the potential endogeneity of the …
Persistent link: https://www.econbiz.de/10013136703
non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the … horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is …
Persistent link: https://www.econbiz.de/10013158617
We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability … and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of …
Persistent link: https://www.econbiz.de/10012779641
international taxation on cross-border mergers and acquisitions (M&A) involving large multinational enterprises (MNEs). First, the …
Persistent link: https://www.econbiz.de/10014354666
the joint estimation of firm and worker fixed effects. We find that changes in ownership do not tend to affect wages …
Persistent link: https://www.econbiz.de/10012771629
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …
Persistent link: https://www.econbiz.de/10013316871
This paper investigates the effects of domestic privatisation or foreign acquisition of Chinese State Owned Enterprises (SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference-in-differences in order to identify the causal...
Persistent link: https://www.econbiz.de/10013317362
We estimate the wage effects of foreign direct investment (FDI) with universal firm-level and linked employer-employee panel data containing 4,926 foreign acquisitions in Hungary. Matching on pre-acquisition data and controlling for fixed effects for firms and detailed worker groups, we find...
Persistent link: https://www.econbiz.de/10013088998
Using rich administrative data from the Netherlands, we study the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with a 8.5% drop in employment at the consolidated firm and a 2.6% drop in total labor income. These effects are persistent...
Persistent link: https://www.econbiz.de/10014238385
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10013136779