Showing 1 - 10 of 322
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 … financial sectors as quasi-natural experiments. We provide difference in differences estimates of the effect of competition on …
Persistent link: https://www.econbiz.de/10010272722
The main objective of this study is to investigate the impact of corporate R&D activities on firms' performance, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique unbalanced longitudinal dataset consisting of 532 top...
Persistent link: https://www.econbiz.de/10010269441
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar and Wilson (2008). We assess the finite sample...
Persistent link: https://www.econbiz.de/10010280699
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
investigation. We then compare two independent sources of individual-level wage information from Mexico - firms' wage reports to the …
Persistent link: https://www.econbiz.de/10010329189
This paper analyzes how enforcement along the U.S.-Mexican border has affected the market for migrant smugglers. Using a unique dataset that links border crossing histories from illegal Mexican migrants to aggregate enforcement and punishment statistics, we find that the effect of enforcement on...
Persistent link: https://www.econbiz.de/10010261774
This paper models the short and medium-run impact of aid on migration, considering alternatively the effect of unconditional and conditional cash transfers to financially constrained households. Data from the evaluation of a Mexican development program, Progresa, are used to estimate the effect...
Persistent link: https://www.econbiz.de/10010261936
We analyze mobility in urban Mexico between three labor market states: working in the formal sector, working in the … market state of each individual during each time period. The data is drawn from Mexico ?s Urban Employment Survey, a … quarterly household survey for urban Mexico. Two separate five-wave panels are used: the first covering a period of rapid …
Persistent link: https://www.econbiz.de/10010262419
Using recent data from southern California and Mexico we challenge the notion that the demographic profile of post-1970 … educational attainment, (5) are increasingly likely to originate in southern Mexico and the Mexico City Metropolitan area, and (6 …) are increasingly likely to depart from urban areas within Mexico. Although we find no direct evidence that the …
Persistent link: https://www.econbiz.de/10010262427
We analyze wage differentials mobility between the formal and informal sector in urban Mexico, using panel data on five … quarters drawn from Mexico?s Urban Employment Survey. We develop a dynamic random effects panel data model. It consists of two …
Persistent link: https://www.econbiz.de/10010262535