High-performance work practices are frequently considered to have positive effects on corporate performance, but what do they do for employees? After assessing the correlation between organizational innovation and firm performance, this article investigates whether high-involvement work...

Purpose – The purpose of this paper is to investigate the use of innovative workplace practices in a sample of manufacturing establishments. Design/methodology/approach – The sample comprises manufacturing establishments located in Italy and a comparable sample extracted from the British...

High-performance work practices are frequently considered to have positive eects on corporate performance, but what do they do for employees? After showing that organizational innovation is indeed positively associated with rm performance, we investigate whether high-involvement work practices...

We show analytically that the credibility problem which has affected the European Stability Pact originates from the insufficient distinction between two reasons for having binding fiscal constraints. The first reason deals with the governments' tendency to neglect the effects of their fiscal...

Generalizing the Fisher equation for the term structure of interest rates, we analyse the influence of the premium risk on the long-run interest rate. The existence of the risk premium causes an inequality between the forward interest rates and the expected interest rates. We give an alternative...

In the last decade a growing economic literature has been devoted to the relationship between firm organisation and performance. Empirical analyses mainly focus on the relationship between human resources management and firm performance, neglecting the role played by organisational designs. The...