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We identify two undocumented measurement challenges affecting corporate sector labor shares outside the United States: the inclusion of dwellings and the inclusion of self-employed workers in the corresponding sectoral accounts. Both issues have become more important over time, biasing corporate...
Persistent link: https://www.econbiz.de/10012849291
We show that cross-country comparisons of corporate labor shares are affected by differences in the delineation of corporate sectors. While the US excludes all self-employed and most dwellings from the corporate sector, other countries include large amounts of both — biasing labor shares...
Persistent link: https://www.econbiz.de/10012848542
The COVID-19 pandemic has triggered an unprecedented crisis in the tourism industry. We study the impact of COVID-19 on global Airbnb booking activity regarding three factors: the initial Wuhan lockdown, local COVID-19 cases, and local lockdowns. Using reviews and cancellations as proxies for...
Persistent link: https://www.econbiz.de/10014098655
Persistent link: https://www.econbiz.de/10009674349
Die weltwirtschaftliche Verflechtung hat in der Nachkriegszeit stetig zugenommen. Da diese Entwicklung mit beträchtlichen Handelsgewinnen verbunden war, ist sie grundsätzlich positiv zu bewerten. Das Zusammenwachsen der Märkte erzeugt aber auch zusätzliche Spannungen, denn mit der...
Persistent link: https://www.econbiz.de/10010295349
of international labour mobility. Regulation of the global economy is increasingly informalised and privatised, argues … the paper. This trend is also noticeable in the governance of migration flows. The emerging de facto international regime …
Persistent link: https://www.econbiz.de/10010295497
international trade, yet few studies have analysed this choice at the level of the individual firm. This paper uses a new dataset to …' international activities. We find that country- and bank-specific variables capturing size have a major impact on banks' foreign … international expansion of banks. Our results also suggest that FDI and cross-border services are complements rather than …
Persistent link: https://www.econbiz.de/10010295632
In der Auseinandersetzung mit der Globalisierung von Wirtschaftsprozessen kann sich die sozialwissenschaftliche Institutionentheorie nicht mehr auf die Untersuchung nationaler Konfigurationen beschränken, sondern sollte der transnationalen Rekombination institutioneller Arrangements mehr...
Persistent link: https://www.econbiz.de/10010304064
Persistent link: https://www.econbiz.de/10010306896
Globalisation can mean one of four things: a considerable degree of regulatory competition; a geographically relevant market transgressing national and regional borders; the transfer of significant regulatory power to supranational entities; the public perception that nation states have lost a...
Persistent link: https://www.econbiz.de/10010323938