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Wages, Employment, and Capital in Capitalist and Worker-Owned Firms

Pencavel, John; Pistaferri, Luigi; Schivardi, Fabiano - Institute for the Study of Labor (IZA) - 2006

Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...

Persistent link: https://www.econbiz.de/10005233888

Inflation as restructuring. A theoretical and empirical account of the U.S. experience

Nitzan, Jonathan - Volkswirtschaftliche Fakultät, … - 1992

This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...

Persistent link: https://www.econbiz.de/10005789620

Financialization of the U.S. corporation: what has been lost, and how it can be regained

Lazonick, William - Volkswirtschaftliche Fakultät, … - 2012

The employment problems that the United States now faces are largely structural. The structural problem is not, however, as many economists have argued, a labor-market mismatch between the skills that prospective employers want and the skills that potential workers have. Rather the employment...

Persistent link: https://www.econbiz.de/10011113715

Prediction of Ownership and Control Concentration in German and UK Initial Public Offerings.

Goergen, M.; Renneboog, L. - CentER for Economic Research, Universiteit van Tilburg - 1999

The paper investigates why the corporate landscapes of Germany and UK are so different in terms of control by analyzing … ownership evolution in recent IPOs. We report the control evolution of a sample of size- and industry-matched German and UK … companies six years subsequent to the flotation. The initial shareholders in the average German IPO lose majority control six …

Persistent link: https://www.econbiz.de/10005660473

Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John; Telegdy, Almos - Centre for Economic Reform and Transformation, School … - 2005

We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …

Persistent link: https://www.econbiz.de/10005157524

Ownership and Wages: Estimating Public-Private and Foreign-Domestic Differentials with LEED from Hungary, 1986–2003

Earle, John S.; Telegdy, Almos - W.E. Upjohn Institute for Employment Research - 2007

Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...

Persistent link: https://www.econbiz.de/10005141966

Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John S.; Telegdy, Almos - W.E. Upjohn Institute for Employment Research - 2005

We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …

Persistent link: https://www.econbiz.de/10005030683

Employment and Wage Effects of Privatization: Evidence from Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John; Telegdy, Álmos - Centre for Economic Reform and Transformation, School … - 2008

transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …

Persistent link: https://www.econbiz.de/10005649911

Working for the Weekend: A Time Allocation Model for Student Workers

Ballard, Joe S.; Eff, E. Anthon - In: Journal for Economic Educators (2014) 1

An important area of consumer choice is time allocation and its role in dictating behavior. For the typical student worker, the time allocation decision involves three primary activities: paid employment, academic pursuits, and leisure pursuits. Exogenous factors such as the wage rate, price of...

Persistent link: https://www.econbiz.de/10010886075

European Union Economy System Dynamic Model Development

Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012

The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...

Persistent link: https://www.econbiz.de/10011259562

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