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No Mere Tautology : The Division of Labor is Limited by the Division of Labor

Smyth, Andrew - 2019

economies falter, it is because new ideas of more extensive specialization fail to emerge. Ideas make further divisions of the … specialization …

Persistent link: https://www.econbiz.de/10012901112

Bank specialization and corporate innovation

Degryse, Hans; De Jonghe, Olivier; Gambacorta, Leonardo; … - 2024

Theory offers conflicting predictions on whether and how lenders' sectoral specialization would affect firms … patent data and micro-level innovation survey data, we find that lenders' sectoral specialization improves innovation for … variation in bank specialization. We further show that these heterogeneous effects arise through financial contracting. Overall …

Persistent link: https://www.econbiz.de/10015069888

Specialization, Firms and Markets: The division of Labour Between and Within Law Firms

Garicano, Luis; Hubbard, Thomas - C.E.P.R. Discussion Papers - 2003

the Census of Services to examine law firms' boundaries. We first examine how the specialization of lawyers and firms … increases as lawyers' returns to specialization increase. In fields where lawyers increasingly specialize with market size, the … specialization by mediating exchanges of economic opportunities more efficiently than markets. …

Persistent link: https://www.econbiz.de/10005123527

Firm Structure, Multinationals, and Manufacturing Plant Deaths

Jensen, J. Bradford; Bernard, Andrew - Census Bureau, Department of Commerce - 2005

Plant shutdowns shape industry and aggregate productivity paths and play a major role in the dynamics of employment and industrial restructuring. Plant closures in the U.S. manufacturing sector account for more than half of gross job destruction. While multi-plant firms and multinationals...

Persistent link: https://www.econbiz.de/10005058832

Firm Structure, Multinationals, and Manufacturing Plant Deaths

Bernard, Andrew B.; Jensen, J. Bradford - Peter G. Peterson Institute for International Economics … - 2006

Plant shutdowns shape industry productivity, the dynamics of employment, and industrial restructuring. Plant closures account for more than half of gross job destruction in US manufacturing. This paper examines the effects of firm structure on US manufacturing plant closures. Plants belonging to...

Persistent link: https://www.econbiz.de/10005035524

Peers' Composition Effects in the Short and in the Long Run: College Major, College Performance and Income

Anelli, Massimo; Peri, Giovanni - 2015

In this paper we use a newly constructed dataset following 30,000 Italian individuals from high school to labor market and we analyze whether the gender composition of peers in high school affected their choice of college major, their academic performance and their labor market income. We...

Persistent link: https://www.econbiz.de/10011307336

Fairness and Frictions: The Impact of Unequal Raises on Quit Behavior

Dube, Arindrajit; Giuliano, Laura; Leonard, Jonathan - 2015

We analyze how quits responded to arbitrary differences in own and peer wages using an unusual feature of a pay raise at a large U.S. retailer. The firm's use of discrete pay steps created discontinuities in raises, where workers earning within 1 cent of each other received new wages that...

Persistent link: https://www.econbiz.de/10011307343

Informal versus Formal Search: Which Yields a Better Pay?

Tumen, Semih - 2015

Estimates on the effect of job contact method – i.e., informal versus formal search – on wage offers vary considerably across studies, with some of them finding a positive correlation between getting help from informal connections and obtaining high-paying jobs, while others finding a...

Persistent link: https://www.econbiz.de/10011420748

Do social interactions in the workplace lead to productivity spillover among co-workers?

Cornelissen, Thomas - In: IZA World of Labor (2016)

Should one expect a worker’s productivity, and thus wage, to depend on the productivity of his/her co-workers in the same workplace, even if the workers carry out completely independent tasks and do not engage in team work? This may well be the case because social interaction among co-workers...

Persistent link: https://www.econbiz.de/10011573703

Gender and Peer Effects in Social Networks

Beugnot, Julie; Fortin, Bernard; Lacroix, Guy; … - 2017

We investigate whether peer effects at work differ by gender and whether the gender difference in peer effects if any depends on work organization, precisely the structure of social networks. We develop a social network model with gender heterogeneity that we test by means of a real-effort...

Persistent link: https://www.econbiz.de/10011653316