Showing 1 - 10 of 292
Firm productivity is low in African countries, prompting governments to try a number of active policies to improve it. Yet despite the millions of dollars spent on these policies, we are far from a situation where we know whether many of them are yielding the desired payoffs. This paper...
Persistent link: https://www.econbiz.de/10012976050
Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. This paper argues that often firms in Africa do not cope with policy rules, rather they face deals: firm-specific policy actions that can be influenced by firm actions (such as bribes) and...
Persistent link: https://www.econbiz.de/10012976520
This paper studies channels through which well-known benchmark indexes impact asset allocations and capital flows across countries. The study uses unique monthly micro-level data of benchmark compositions and mutual fund investments during 1996-2012. Benchmarks have important effects on equity...
Persistent link: https://www.econbiz.de/10012973239
Adverse shocks to rich countries often have a large and persistent negative impact on investment and output in developing countries. This paper examines a transmission mechanism that can account for this stylized fact. The mechanism is based on the existence of international financial frictions....
Persistent link: https://www.econbiz.de/10012976389
With more than 20 percent, Switzerland is one of the countries with the largest foreign population. Since 1970 the government has tried to manage the flows of migrants in the hope of reconciling a chronic excess demand for labor with mounting pressures from nationalistic groups to control the...
Persistent link: https://www.econbiz.de/10012748150
options, level of annuitization, market structure, capital regulations, risk management, and use of risk sharing arrangements …
Persistent link: https://www.econbiz.de/10012976565
Beginning in 2008, the authors conducted a randomized controlled trial that changed management practices in a set of …, while about half of the management practices adopted in the original experimental plants had been dropped, there was still a … performance gap between treatment and control plants, suggesting lasting impacts of effective management interventions. Second …
Persistent link: https://www.econbiz.de/10012927594
Management has a large effect on the productivity of large firms. But does management matter in micro and small firms …
Persistent link: https://www.econbiz.de/10012971132
Using detailed survey data on management practices, this paper uses recent advances in unconditional quantile analysis … to study the changes in the within country distribution of management quality associated with country convergence to the … United States emerges as the frontier country, not because of better management on average, but because its best firms are …
Persistent link: https://www.econbiz.de/10012973368
A long-standing question in social science is to what extent differences in management cause differences in firm … performance. To investigate this, the authors ran a management field experiment on large Indian textile firms, providing free … consulting on modern management practices to a randomly chosen set of treatment plants and compared their performance to the …
Persistent link: https://www.econbiz.de/10012976149