Retention of skilled workers is essential for labour-intensive organisations like hospitals, where an excessive turnover of doctors and nurses can reduce the quality and quantity of services to patients. In the public sector, where salaries are often not negotiable at individual level, workers...

I use two different metrics, with three different announcement windows for each, based on event studies, with intraday fixed income (FI) and equity data on all publicly traded U.S. companies over 2014-2021, as separate objective and systematic measures of the efficiency of the market for an FI...

An important objective of Mahatma Gandhi National Rural Employment Guarantee Programme (MGNREGP) is to curb rural out-migration. This paper on the basis of a micro-level field investigation wants to investigate the effectiveness of this programme to reduce the intensity of migration of the rural...

Differentiation is arguably the most important business strategy, but optimal investment in differentiation requires understanding the magnitudes of its implications. We consider the extent and dimensions of differentiation in omnichannel grocery by examining the impacts of entry events on...

This paper develops a new distribution theory and inference methods for over-identified Generalized Method of Moments (GMM) estimation focusing on the iterated GMM estimator, allowing for moment misspecification, and for clustered dependence with heterogeneous and growing cluster sizes. This...

In many European countries, the labor market participation of older workers is considerably lower than the labor market participation of prime-age workers. This study analyzes the variation in labor market withdrawal of older workers across 13 European countries over the period 1995-2008. We...

This paper analyzes the intertemporal labor force participation behavior of married women using an annual longitudinal sample from the German Socio-Economic Panel. A predominant characteristic of annual participation behavior is the high degree of persistence in individual participation...

We investigate the relationship among staff engagement, job complementarities and labour supply in the hospital sector, where excessive turnover of the clinical staff (doctors and nurses) can be detrimental for quality of care. We exploit a unique and rich panel dataset constructed by combining...

I use eight objective and systematic measures of the efficiency of the market for a stock. Based on the market microstructure models of Kyle and Obizhaeva (2016) and Bhattacharya (2019), I develop a six-equation (five- for non-Nasdaq stocks) structural model with market efficiency as a function...

In this paper, a control function approach is developed to deal with endogeneity issue in estimating panel data models with ordered response. This methodology is characterized by a two-step procedure, requiring only standard regression to be implemented in each step. To demonstrate the...