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To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete … both in the product market and in the managerial market. We show that globalization, that is, the simultaneous integration …
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We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity … firms in countries with different training systems face globalization of product markets. In particular, apprenticeship …
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We analyze public investment in basic research in a multi-country, multi-industry environment with international trade. In our economy, basic research generates ideas which private firms take up in applied research to develop new varieties. Such development requires industry-specific know-how. A...
Persistent link: https://www.econbiz.de/10012896551
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …
Persistent link: https://www.econbiz.de/10010315582