Showing 1 - 10 of 12,910
Persistent link: https://www.econbiz.de/10013384456
A number of theoretical studies predict an unconditional negative association between firm risk premium and firm disclosure, where additional disclosure reduces estimation risk or information asymmetry. Empirical studies based on these models frequently report mixed results. Dutta and Nezlobin...
Persistent link: https://www.econbiz.de/10012903057
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011398011
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions …. Since the late 1990s, the wages of state-owned enterprises have increased rapidly and wage disparities between skill …
Persistent link: https://www.econbiz.de/10003976837
This paper investigates how wage growth varies among Australian employees with different individual characteristics and job characteristics, and how the role of these characteristics has changed over the 2001-2018 period. The results show that after increasing between 2002 and 2007, wage growth...
Persistent link: https://www.econbiz.de/10012831959
2010 and 2016, we analyse the relationships between productivity and wages. At odds with neoclassical theory of marginal … productivity of labor, we find that two thirds of firms insufficiently raised wages given observed productivity growth. Employing … the distributions. Most of the documented dynamics contributed not only to the divergence of productivity and wages but …
Persistent link: https://www.econbiz.de/10012696465
economic miracle, elasticities of real wages to productivities - that is the ratios of rates of variations of the former to the … determination processes. The low elasticities of wages to productivity are plausibly the consequence of the massive flow of migrant …
Persistent link: https://www.econbiz.de/10011986753
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions …. Since the late 1990s, the wages of state-owned enterprises have increased rapidly and wage disparities between skill …
Persistent link: https://www.econbiz.de/10013141714
We investigate the relation between corporate performance and overall economic growth in the United States. In particular, we focus on the impact of the U.S. corporate tax regime on this relation. Exploiting time-series variation and a tax shock, we document that the relatively higher corporate...
Persistent link: https://www.econbiz.de/10011901692
The literature on the relationship between ESG disclosure and economic growth is relatively non-existent. Thus, this paper highlights the importance of taking this relationship into account in current sustainable policies. The main objective of extra-financial Disclosure is to mitigate...
Persistent link: https://www.econbiz.de/10013474500