Showing 21 - 30 of 632,388
Persistent link: https://www.econbiz.de/10001790272
In this paper, we revisit questions about the onshore employment effects of firms that conduct foreign direct investment (FDI) in countries with substantially lower average wages. Our results derive from the use of rich administrative records on the universe of employees in German multinational...
Persistent link: https://www.econbiz.de/10012519589
wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a … comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket …
Persistent link: https://www.econbiz.de/10012793056
wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a … comprehensive test of monopsony theory by using labor market concentration as a proxy for monopsony power. Labor market … ökonomischen Theorie in Einklang zu bringen. In der Literatur finden sich jedoch kaum systematische Belege für das Monopson …
Persistent link: https://www.econbiz.de/10012795776
How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...
Persistent link: https://www.econbiz.de/10010127990
This paper studies the speed at which workers' pre-tax earnings respond to tax changes along the intensive margin. We do so in the context of Germany, where a large discontinuity - or notch - in the tax schedule induces sharp bunching in the earnings distribution. We analyze earnings responses...
Persistent link: https://www.econbiz.de/10012372873
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10003751787
During both the 2008 and the COVID crises, aggregate employment in Europe and the US fell despite continuing growth in the aggregate capital stock. Using more than one million firm-year observations of small and medium European firms between 2003 and 2018, this paper introduces new stylized...
Persistent link: https://www.econbiz.de/10012308878
This paper studies the effects of investment tax credits on firms’ input choices by exploitinga sudden shift in the tax credit rate by firm size for manufacturing firms in Germany in 1999. I find that more generous tax credits lead to a significant increase in both investment and employment,...
Persistent link: https://www.econbiz.de/10012265479
Fueled by increasing inequality and rising fiscal deficits, the interest in wealth taxation has increased over the last years, both in the public debate and in academia. Yet, knowledge about the behavioral effects of a wealth tax is limited. We utilize rich Norwegian register data and a series...
Persistent link: https://www.econbiz.de/10012295610