We conduct an empirical investigation into the effects of foreign ownership on worker skills using firm-level data from Spain. To control for endogeneity bias due to selection into foreign ownership, we combine a difference-in-differences approach with a propensity score weighting estimator. Our...

The abundance of small enterprises in developing countries has led to debates regarding the role that of entrepreneurial skill in business performance. Analyses of the skills and characteristics important for success can inform entrepreneurship training programs or educational curricula designed...

Do social networks help or hinder firms recruiting talented managers? In our setting, firms are randomly connected to prospective young managers through former employees. Under a discrete-choice model, we find networks increase the likelihood firms hire high-ability managers, while having no...