Showing 1 - 10 of 3,706
New security designs, improvements in computer telecommunications technology and advances in the theory of finance have led to revolutionary changes in the structure of financial markets and institutions. This paper provides a functional perspective on the dynamics of institutional change and...
Persistent link: https://www.econbiz.de/10012473791
The majority of bank liabilities are deposits typically not withdrawn for extended periods. We propose a dynamic model … effects on bank dynamics. Interest rate cuts produce delayed increases in bank risk which are stronger in low rate regimes …. Deposit insurance can exacerbate the deposit dilution and amplify the increase in bank risk …
Persistent link: https://www.econbiz.de/10014247979
We present a heterogeneous-firm model in which management ability increases both production efficiency and product … quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10012453002
This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US … significant role in determining output. If there is heterogeneity across workers and management skill improves with experience, an … influx of young workers will lower the overall quality of management and lower total factor productivity. Census data shows …
Persistent link: https://www.econbiz.de/10012463175
We develop a basic framework to understand the organization of highly creative activities. Management faces a …
Persistent link: https://www.econbiz.de/10012465399
promoted management training trips for European managers at US firms. Through the analysis of reports compiled by UK, France … increase thanks to the program. The fact that European businesses were not forced to adopt the American management model, but …
Persistent link: https://www.econbiz.de/10014447280
management practices to US firms involved in war production acted as a technology that put them on a higher growth path for …
Persistent link: https://www.econbiz.de/10014447301
Across many sectors, research has established that management explains a notable portion of productivity differences … across organizations. A remaining question, however, is whether it is managers themselves or firm-wide management practices … this setting, managers move between stores but management practices are set by firm policy and largely fixed, allowing us …
Persistent link: https://www.econbiz.de/10014250209
Executive teams in U.S. firms are becoming increasingly partisan. We establish this new fact using political affiliations from voter registration records for top executives of S&P 1500 firms between 2008 and 2020. The new fact is explained by both an increasing share of Republican executives and...
Persistent link: https://www.econbiz.de/10013334401
. Using branch-level deposit rate data, we find little evidence for market discipline as rates are similar across bank … correlated with loan growth in other states in which their bank has some presence, suggesting internal capital markets help … reallocate the bank's funding …
Persistent link: https://www.econbiz.de/10011955520