Showing 1 - 10 of 381
Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating financial institutions. Altruistic public-benefits theories treat rules as governmental instruments for increas- ing fairness and efficiency across society as a whole....
Persistent link: https://www.econbiz.de/10012472798
This paper utilizes a unique dataset collected through site visits to extend the analysis of the relationship between the human resource management environment and establishment performance to the service sector, specifically the branch operations of a large bank. Case studies of several...
Persistent link: https://www.econbiz.de/10012471309
We study human capital reallocation following firm-specific idiosyncratic shocks. Theory offers diverging predictions as to whether human capital gets reallocated to its most productive use following these shocks. To empirically test these predictions, we focus on relegation battles in the...
Persistent link: https://www.econbiz.de/10012938751
Traditional human capital theory emphasizes a worker's investment in knowledge. However, when a worker is faced with day-to-day problems on the job, the solutions to the problems often require more knowledge from a team of experts within the firm. When a worker taps into the knowledge of...
Persistent link: https://www.econbiz.de/10012463031
This study uses a 10-year longitudinal database on U.S. manufacturing establishments to analyze the dynamics of the adoption and termination of employee involvement programs (EI). We show that firms' use of EI has not grown continuously, but rather introduce and terminate EI policies in ways...
Persistent link: https://www.econbiz.de/10012465778
What enables some employee ownership firms to overcome the free rider problem and motivate employees to improve performance? This study analyzes the role of human resource policies in the performance of employee ownership companies, using employee survey data from 14 companies and a national...
Persistent link: https://www.econbiz.de/10012468517
How do regions acquire the knowledge they need to diversify their economic activities? How does the migration of workers among firms and industries contribute to the diffusion of that knowledge? Here we measure the industry, occupation, and location specific knowledge carried by workers from one...
Persistent link: https://www.econbiz.de/10012452853
Economics and ethics both offer important perspectives on our society, but they do so from two different viewpoints … - the central focus of economics is how the price system in our economy values resources; the central focus of ethics is the …
Persistent link: https://www.econbiz.de/10012480076
This article calls for a greater integration of moral psychology and political economy. While these disciplines were initially deeply intertwined, cross-disciplinary exchange became rare throughout the 20th century. More recently, the tide has shifted again - social scientists of different...
Persistent link: https://www.econbiz.de/10014512133
-benefit analysis. We discuss two dominant approaches, the first based on market prices, and the second based on intertemporal ethics …
Persistent link: https://www.econbiz.de/10012510532