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internal organization for a nationally representative sample of firms, we empirically test for the existence of complementarity …Complementarity between performance pay and other organizational design elements has been argued to be one potential … find systematic evidence of complementarity between performance pay and decentralization of decision-making from principals …
Persistent link: https://www.econbiz.de/10012219318
“Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male members of the U.S. labor force....
Persistent link: https://www.econbiz.de/10014082107
This paper summarizes relocation patterns in the U.S. manufacturing industry over the period 1972-1992, using plant- and firm-level data from the U.S. Census of Manufactures. This study contributes to the existing literature on firm dynamics by distinguishing entry due to relocation from entry...
Persistent link: https://www.econbiz.de/10012728842
I document the evolution of market power in the U.S. airline industry for the period 1990:Q1-2019:Q4. I recover estimates of markups, defined as the ratio of price to marginal cost, at the airline-time level. Dominant carriers in the industry have substantially increased their markups in the...
Persistent link: https://www.econbiz.de/10013214172
I assess the effect of recent U.S. airline mergers on productive efficiency and market power. I recover productivity, markup, and marginal cost estimates for each airline using production and cost data. I then employ these estimates, a panel event study design, and synthetic control methods to...
Persistent link: https://www.econbiz.de/10013322271
While the turn from traditional regulation to more collaborative, experimentalist, and flexible forms of governance has garnered significant academic focus, far less attention has been paid to the effects of such “New Governance” approaches on regulated firms’ understanding of the laws’...
Persistent link: https://www.econbiz.de/10014189576
Global sourcing has led to lower cost and more effective supply chains for many companies. However, when the cost-driven practices of many suppliers in these chains come to light there is often considerable debate over the ethics of these practices. This research uses the well-known Hunt-Vitell...
Persistent link: https://www.econbiz.de/10014139361
We study the effects of managerial practices in schools on students' outcomes. We measure managerial practices using the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable across countries. We find substantial heterogeneity in...
Persistent link: https://www.econbiz.de/10010408867
This study examines the U.S. commerce in human cadavers for medical education and research to explore variation in legitimacy in trades involving similar goods. It draws on archival, interview, and observational data mainly from NewYork State to analyze market participants’ efforts to...
Persistent link: https://www.econbiz.de/10014041909
Organizational change has become the norm rather than the exception among U.S. hospitals. Downsizing, service diversification, and affiliation with healthcare systems are but a few notable examples. In this paper, we review the rationale and consequences of organizational change in U.S....
Persistent link: https://www.econbiz.de/10014043166