Showing 1 - 10 of 92
In this paper, we study if exposure to the institutions of trade partners changes individuals' attitudes towards democracy and favors the process of democratization. We combine survey data with country-level measures of democracy from 1960 to 2015, and exploit the improvement in air, relative to...
Persistent link: https://www.econbiz.de/10013210083
This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature – the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review...
Persistent link: https://www.econbiz.de/10010745694
relative to non-exporters. Employment, shipments and capital intensity are all higher at exporters at any given moment. This … exporters. The benefits of exporting for the firm are less clear. Employment" growth and the probability of survival are both …
Persistent link: https://www.econbiz.de/10012472540
This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …
Persistent link: https://www.econbiz.de/10012478446
In this paper we use indirect inference to estimate a joint model of earnings, employment, job changes, wage rates, and … heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …
Persistent link: https://www.econbiz.de/10012463904
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages … highly profitable enterprises that are more likely to grow and pay higher wages. Using multiple establishment-level data sets … barely lost. The analysis finds small impacts on all outcomes that we examine; estimates for wages are close to zero. The …
Persistent link: https://www.econbiz.de/10012468095
wages in each location with respect to productivity shocks in all locations. They are readily computed using commonly …
Persistent link: https://www.econbiz.de/10014322852
This paper considers the evolution of global transportation usage over the past half century and its implications for supply chains. Transportation usage per unit of real output has more than doubled as costs decreased by a third. Participation of emerging economies in world trade and...
Persistent link: https://www.econbiz.de/10014250184
This paper characterizes the integration patterns of international currency unions (such as the CFA Franc zone and the East Caribbean Currency Area). We empirically explore different features of currency unions, and compare them both to countries with sovereign monies, and to regions within...
Persistent link: https://www.econbiz.de/10012470865
Trade liberalization and political separatism go hand in hand. In a world of trade restrictions, large countries enjoy economic benefits because political boundaries determine the size of the market. In a world of free trade and global markets even relatively small cultural, linguistic or ethnic...
Persistent link: https://www.econbiz.de/10012472651