Showing 1 - 10 of 88
At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because … often inconsistent with profit maximization or imply implausibly large profits. The puzzle arises because popular estimators … the restrictions imposed by profit maximization (cost minimization) so that estimators are inconsistent or poorly …
Persistent link: https://www.econbiz.de/10010268849
other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …
Persistent link: https://www.econbiz.de/10010267300
Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It … documents that the positive profitability differential of exporters compared to non-exporters is statistically significant …. Instead, we use a newly developed continuous treatment approach and show that exporting improves the profitability almost over …
Persistent link: https://www.econbiz.de/10010269330
According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...
Persistent link: https://www.econbiz.de/10010277126
We investigate the relationship between outsourcing and profitability paying particular attention to the endogeneity of …
Persistent link: https://www.econbiz.de/10010277436
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that … with a lower level of profitability in these firms. If anything, profitability is (slightly) higher in firms with a larger …
Persistent link: https://www.econbiz.de/10010282402
Does the introduction of corporate transparency and disclosure rules in emerging economies affect compliance, and therefore earnings quality and firm performance? We explore these questions for an important emerging economy, Russia, using a natural experiment, the 2002 introduction of Russian...
Persistent link: https://www.econbiz.de/10013177744
in U.S. refugee admissions starting in 2017 costs the overall U.S. economy today over $9.1 billion per year ($30,962 per … missing refugee per year, on average) and costs public coffers at all levels of government over $2.0 billion per year ($6 … during the same period likewise carry ongoing costs in the billions of dollars per year. These estimates imply that barriers …
Persistent link: https://www.econbiz.de/10013351856
How have changes in the costs of enrolling full-time at public two- and four-year colleges affected student decisions … public four-year colleges we study the impact of public higher education costs on the post-secondary enrollment decisions of … college, a public four-year university in their state of residence, other colleges, or no college at all, as relative costs …
Persistent link: https://www.econbiz.de/10013351859
tradeoff between the costs of turnover and two other costs, higher pay to offset bad working conditions (compensating …
Persistent link: https://www.econbiz.de/10014469646