Showing 1 - 10 of 329
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
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
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
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
Seguro Popular (SP) was introduced in 2002 to provide health insurance to the 50 million Mexicans without Social Security. This paper tests whether the program has had unintended consequences, distorting workers' incentives to operate in the informal sector. The analysis examines the impact of...
Persistent link: https://www.econbiz.de/10010280662
This paper investigates the effect of the US Illegal Immigrant Reform and Immigrant Responsibility Act of 1996 (IIRIRA) on the remitting patterns of Mexican immigrants. Using data from the Mexican Migration Project (MMP128), we find that a significant effect on remittance flows from illegal...
Persistent link: https://www.econbiz.de/10010282214
mainly focused on many cases in Africa and Asia, in this article we analyze the WII program in Mexico, which is one of the … uninsured poor. We also suggest that in Mexico the thresholds of the weather index be (continuously) re-calibrated in order to …
Persistent link: https://www.econbiz.de/10010282432
this paper we use a unique data set from rural Mexico collected for the purposes of evaluating the impact of the PROGRESA …
Persistent link: https://www.econbiz.de/10010261560
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