This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic … increase in the wage rate following an acquisition by a US firm, while no such effect is discernible following acquisitions by …

firms. These results do not necessarily imply that foreign direct investment translates into higher demand for educated … workers or higher wages, however, since foreign investment may be guided by unobservable firm-characteristics correlated with … foreign direct investment on the demand for educated workers and wages by observing labor demand and wages of different …

non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the … horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is …

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a … national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by …

in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …

dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …

competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first-best level of investment, both in the short run for a given number of …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …