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We study how the infusion of capital through SEOs affects employment through a technology channel. Using exogenous … workers, resulting in a net decline in employment at the firm level. Employment declines more when firms invest more in … technology post-SEO. The impacts on technology and employment are greater for more financially constrained firms pre-SEO. Average …
Persistent link: https://www.econbiz.de/10012835686
employment of targets declines by more than half within two years after acquisitions relative to a matched sample, and is …
Persistent link: https://www.econbiz.de/10012519948
expansion of employment. The paper contributes to the literature in two ways. First, it attempts to provide a comprehensive …
Persistent link: https://www.econbiz.de/10010519773
This paper investigates the effect of innovation on employment growth at the firm level in South Africa. Innovation is …, the link between innovation and employment is more ambiguous. R&D targeted towards product innovation has been typically … associated with employment growth. Process innovations may have a positive effect, but also have the potential to reduce the …
Persistent link: https://www.econbiz.de/10012122606
We exposit an integrated agency model of multi-period career concerns and labor market equilibrium with managerial reservation utility levels, and thus pay levels, determined endogenously for firms of different sizes. Stochastic managerial talent takes two forms: a manager drawn from a tighter...
Persistent link: https://www.econbiz.de/10013146732
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012844548
immigration on business dynamics and employment by combining U.S. data on immigrant inflows from the Current Population Survey … boosting business survival and raises employment by reducing job destruction. The effects are largely driven by less …
Persistent link: https://www.econbiz.de/10012230525
" using imports of intermediates embedding automation technologies and then test their impact on employment dynamics. We find … that automation spikes are positively correlated with preceding and contemporaneous growth in employment, mainly due to …
Persistent link: https://www.econbiz.de/10012030428
immigration on business dynamics and employment by combining U.S. data on immigrant inflows from the Current Population Survey … boosting business survival and raises employment by reducing job destruction. The effects are largely driven by less …
Persistent link: https://www.econbiz.de/10012179601
Economic growth necessitates extensive churning and restructuring, the bulk of which is about shifts from less to more successful firms within the same industry. Labor market institutions favoring reallocation and dynamism include portability of tenure rights, fully actuarial and portable...
Persistent link: https://www.econbiz.de/10014105464