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Shutdown contests in multi-plant firms and governmental intervention

Kräkel, Matthias - 2010

When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...

Persistent link: https://www.econbiz.de/10010269831

Social Interactions in Unemployment

Lalive, Rafael - 2003

This paper studies the relevance of social interactions among the unemployed. Identification is based on a salient and selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change affects entitled individuals not only directly,...

Persistent link: https://www.econbiz.de/10010261540

On the role of sectoral and national components in the wage bargaining process

Dreger, Christian; Reimers, Hans-Eggert - 2010

This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...

Persistent link: https://www.econbiz.de/10010269817

The phantom of the opera: Cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2010

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10010272646

Training and the Density of Economic Activity : Evidence from Italy

de Paola, Maria; Brunello, Giorgio - 2004

We use a search and matching model to investigate the economic relationship between training and local economic conditions. We identify two aspects of this relationship going in opposite directions: on the one hand, the complementarity between local knowledge spillovers and training generates a...

Persistent link: https://www.econbiz.de/10010272723

Firm-Level Social Returns to Education

Martins, Pedro Silva - 2004

Do workers benefit from the education of their co-workers? This question is examined first by introducing a model of on-the-job schooling, which argues that educated workers may transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of...

Persistent link: https://www.econbiz.de/10010275777

Human capital spillovers, productivity and regional convergence in Spain

Ramos, Raúl; Suriñach, Jordi; Artís, Manuel - 2009

This paper analyses the differential impact of human capital, in terms of different levels of schooling, on regional productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying spatial panel data techniques. The empirical...

Persistent link: https://www.econbiz.de/10010276317

Market Externalities of Large Unemployment Insurance Extension Programs

Lalive, Rafael; Landais, Camille; Zweimüller, Josef - 2013

This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non-eligible unemployed in treated regions, and a...

Persistent link: https://www.econbiz.de/10010329133

Productivity premia for German manufacturing firms exporting to the Euro-area and beyond: First evidence from robust fixed effects estimations

Verardi, Vincenzo; Wagner, Joachim - 2010

estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … invariant firm specific effects, and tests for self-selection of more productive firms into exporting beyond the Euro-zone. (3 … share of outliers. Using a clean sample without outliers the estimated productivity premium of firms that export to the Euro-zone …

Persistent link: https://www.econbiz.de/10010269790

Executive Compensation and Competition in the Banking and Financial Sectors

Guadalupe, Maria; Cuñat, Vicente - 2004

This paper studies the effect of product market competition on the compensation packages that firms offer to their executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two different identification strategies on a panel of...

Persistent link: https://www.econbiz.de/10010272722

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