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Persistent link: https://www.econbiz.de/10013375196
estimates. To assess the importance of these assumptions, we examine two natural experiments: the recession in cotton textile … adjusting for migration, we find that mortality increased during the cotton recession, but was largely unaffected by the coal …
Persistent link: https://www.econbiz.de/10012954452
efficiency. First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when …
Persistent link: https://www.econbiz.de/10013043622
The paper investigates the determinants of ethnic heterogeneity of the Italian provinces. Among other factors, the paper tests empirically whether gradual improvements in distant communication boost the generation of ethnically heterogeneous provinces. Consequently to easier communication,...
Persistent link: https://www.econbiz.de/10010336545
This paper explores the impact of immigrants on the imports, exports and productivity of service-producing firms in the … productivity of the firm as well as its export behavior. The first effect can be understood as the re-assignment of offshore … productive tasks to immigrant workers. The second can be seen as a productivity or cost cutting effect due to immigration, and …
Persistent link: https://www.econbiz.de/10013022166
We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs' diaries in a detailed and comparable fashion, and to build a bottom-up measure of CEO labor supply. The...
Persistent link: https://www.econbiz.de/10013034569
firms and reductions in earnings per worker. Productivity gains arise mainly from an accelerated exit of less productive …
Persistent link: https://www.econbiz.de/10013035041
care productivity, we analyze longitudinal data on the medical expenditures and health outcomes of the vast majority of …-profit hospitals have important spillover benefits for medical productivity …
Persistent link: https://www.econbiz.de/10013230582
We empirically examine two competing views of CEO pay. In the contracting view, pay is used to solve an agency problem: the compensation committee optimally chooses pay contracts which give the CEO incentives to maximize shareholder wealth. In the skimming view, pay is the result of an agency...
Persistent link: https://www.econbiz.de/10012783957
We quantify the effect of a significant technological innovation, shale oil development, on asset prices. Using stock returns on major news announcement days allows us to link aggregate stock price fluctuations to shale technology innovations. We exploit cross-sectional variation in industry...
Persistent link: https://www.econbiz.de/10012977630