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The capitalist democracies of western Europe and the U.S. have developed extensive social programs, based on the principle of solidarity, that provide assistance to the destitute, the unemployed, the sick, the disabled, and the elderly. Due in part to growing levels of spending on these...
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Uncertainty affects employers' decisions about their workforce as well as capital. We exploit differences in how firms change the size of their workforce when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, unlike the usual...
Persistent link: https://www.econbiz.de/10013175785
Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, opposite to usual...
Persistent link: https://www.econbiz.de/10012284895
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. Human beings share predispositions in favour of the here and now, discounting the future, and risk aversion. This paper … provides a framework for integrating cognition with context in economic geography focusing upon agency, resources, and risk and …
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This study examines how globalization of corporate governance practices influence the risk of European CEOs being … as a result of this globalization. We focus on direct and indirect American influence on the dismissal performance … hiring of American independent board members. Both sources of influence are hypothesized to result in increased dismissal …
Persistent link: https://www.econbiz.de/10003932526