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probability of a decrease in firm-level costs, prices and profits. Exchange rate movements are passed through to import prices …, absorbed in firm selling prices and lead to adjustments in firm profits. The pattern is non-linear across firms with a varying … also show that exchange rate variability affects adjustment probabilities. The analysis suggests that Swiss firms take …
Persistent link: https://www.econbiz.de/10010319717
Sustainable development remains a formidable challenge for the societies of the 21st century. A number of concepts have been put forward on how to reach sustainability at a macro-economic level. These concepts are based on different points of view of economic, social and environmental systems...
Persistent link: https://www.econbiz.de/10010306151
additional information contained in profits, which complements the information from wages and transitions typically used in … previous work. We identify the strength of sorting solely from a ranking of firms by profits. To discern the sign of sorting …
Persistent link: https://www.econbiz.de/10011401679
, operating surplus and profits as performance indicators are estimated. Heterogeneity and robustness are investigated by a … subgroup analysis where we distinguished between establishments with a high and a low share of qualified workers, between firms … operating surplus of IV panel estimates. However, on average, we find a tendency towards negative effects on profits. This …
Persistent link: https://www.econbiz.de/10011420758
This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …
Persistent link: https://www.econbiz.de/10010326013
We propose a simple test that uses information on workers' mobility, wages and firms' profits to identify the sign and … types and firm profits to rank firms. We use a panel data set that combines social security earnings records for workers in …
Persistent link: https://www.econbiz.de/10010329156
resulted, again, from the dramatic deterioration of profits (capital income). Nokia is by far the biggest player in the … industry (more than half of the value added), and the decline of profits is mainly due to Nokia. Since 80-90 per cent of Nokia …, when the values added and profits grew in the early 2000s, the contribution to GDP growth was overestimated. The reason is …
Persistent link: https://www.econbiz.de/10010331070
This paper explores the behavior of profits in the four largest euro area countries (Germany, France, Italy and Spain … a vector autoregressive modeling framework, discusses the sensitivity of profits to four distinctive structural shocks … of historical developments in profits across countries and sectors. …
Persistent link: https://www.econbiz.de/10011605455
competitiveness (i.e. productivity, wages and profits) while controlling for key econometric issues such as time-invariant unobserved … competitiveness vary across sectors: while temporary employment is found to enhance productivity and profits in (labour …
Persistent link: https://www.econbiz.de/10011653307
the mean value - raises profits on average by somewhat less than half a percentage point, reduces average labour costs by … about 0.1 percent and has no effect on TFP. The positive effects on profits are larger for small firms operating in low tech …
Persistent link: https://www.econbiz.de/10012005927