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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
Persistent link: https://www.econbiz.de/10012307709
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