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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
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
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
Persistent link: https://www.econbiz.de/10003898243
paper also demonstrates that it is problematic to use self-employment as an empirical proxy for productive entrepreneurship. …
Persistent link: https://www.econbiz.de/10010320095
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary key ac-tors who use their competencies in...
Persistent link: https://www.econbiz.de/10010320262
This paper investigates a unique policy designed to maintain employment during the privatization of East German firms … after the fall of the Iron Curtain. The policy required new owners of the firms to commit to employment targets, with … penalties for non-compliance. Using a dynamic model, we highlight three channels through which employment targets impact firms …
Persistent link: https://www.econbiz.de/10014339490
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/10011416306
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/10012139466
central question tackled by the report is whether regulations related to limits on firms’ employment appear to prevent French …-employee-threshold on employment growth at the firm level are evaluated in particular. Firms are less likely to hire new …
Persistent link: https://www.econbiz.de/10011763492