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Wages, Hires, and Labor Market Concentration
Marinescu, Ioana Elena - 2020
.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …
Persistent link: https://www.econbiz.de/10012833879
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Trade-Offs? The Impact of WTO Accession on Intimate Partner Violence in Cambodia
Erten, Bilge; Keskin, Pinar - 2022
We study the impact of trade-induced changes in labor market conditions on violence within the household. We exploit the local labor demand shocks generated by Cambodia's WTO accession to assess how changes in the employment of women relative to men affected the risk of intimate partner...
Persistent link: https://www.econbiz.de/10014083992
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Minimum Global Tax : Winners and Losers in the Race for Mergers and Acquisitions
Amendolagine, Vito; Bruno, Randolph Luca; Cipollina, Maria - 2023
This study aims to quantify the impact of the global minimum corporate tax rate a pillar of the OECD's reform of international taxation on cross-border mergers and acquisitions (M&A) involving large multinational enterprises (MNEs). First, the influence of differences in capital taxation on...
Persistent link: https://www.econbiz.de/10014354666
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Employer Market Power in Silicon Valley
Gibson, Matthew - 2022
Adam Smith alleged that employers sometimes secretly collude to reduce labor earnings. This paper examines an important case of such behavior: illegal no-poaching agreements through which information-technology companies agreed not to compete for each other's workers. Exploiting the plausibly...
Persistent link: https://www.econbiz.de/10013406450
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Globalization and Strategic Research Investments
Bohnstedt, Anna - 2011
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10013131927
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Labor Market Adjustments after a Large Import Shock : Evidence from the German Clothing Industry and the Multi-Fibre Arrangement
Braakmann, Nils - 2009
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10013153171
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Industrialization Under Medieval Conditions? Global Development after Covid-19
Naudé, Wim - 2021
of the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for … industrialization for the foreseeable future. If the global community fails to fix the multilateral trade system, the world may start to …
Persistent link: https://www.econbiz.de/10013315031
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A Challenge for the G20 : Globally Stipulated Debt Brakes and Transnational Independent Fiscal Supervisory Councils
Dolls, Mathias - 2014
Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with the economic recovery being fragile. Against this background, we call for a global debt brake...
Persistent link: https://www.econbiz.de/10013067052
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Cross-Border Mergers and National Champions in an Integrating Economy
Suedekum, Jens - 2006
trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct quot;synergyquot; effects of … world consumer surplus. We also discuss the normative implications of quot;national championsquot;. The promotion of …
Persistent link: https://www.econbiz.de/10012779641