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The received view pins the adoption of labor regulation before 1914 on domestic forces. Using directed dyad-year event history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to encourage a level playing field. The type of trade...
Persistent link: https://www.econbiz.de/10012463276
's regulation and a major enforcement reform in Germany, we find that forcing a greater share of firms to publicly disclose their …
Persistent link: https://www.econbiz.de/10012480236
In a multiperiod investment framework, firms with high expected growth earn higher expected returns than firms with low expected growth, holding investment and expected profitability constant. This paper forms cross-sectional growth forecasts, and constructs an expected growth factor that yields...
Persistent link: https://www.econbiz.de/10012453011
formal quantitative analysis. We begin with studies of the Dutch Republic, England, the U.S., France, Germany and Japan that … that the growth and increasing globalization of these economies might indeed have been 'finance-led.' …
Persistent link: https://www.econbiz.de/10012470401
,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars …
Persistent link: https://www.econbiz.de/10012473482
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...
Persistent link: https://www.econbiz.de/10012456439
We identify the causal effect of trade-integration with China and Eastern Europe on voting in Germany from 1987 to 2009 …
Persistent link: https://www.econbiz.de/10012456858
Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on … the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to …
Persistent link: https://www.econbiz.de/10013334338
"This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows....
Persistent link: https://www.econbiz.de/10010521324
country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry …" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no … entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular …
Persistent link: https://www.econbiz.de/10010523101