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Exclusive dealing as a barrier to entry? Evidence from automobiles

Nurski, Laura; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

Exclusive dealing contracts between manufacturers and retailers force new entrants to set up their own costly dealer networks to enter the market. We ask whether such contracts may act as an entry barrier, and provide an empirical analysis of the European car market. We first estimate a demand...

Persistent link: https://www.econbiz.de/10011083855

Unilingual versus Bilingual Education System: A Political Economy Analysis

Ortega, Javier; Tangeraas, Thomas - C.E.P.R. Discussion Papers - 2003

We define an economy composed of two language groups. Value is created through bilateral trade between individuals who can speak the same language. The value of trade increases in each participant's level of education. We compare a bilingual education system, under which the individuals who take...

Persistent link: https://www.econbiz.de/10005504513

The Effects of Technical Change on Labour Market Inequalities

Hornstein, Andreas; Krusell, Per; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2005

In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we also pay attention to how Europe did not experience changes...

Persistent link: https://www.econbiz.de/10005504683

Skills, human capital and the plant productivity gap: UK evidence from matched plant, worker and workforce data

Haskel, Jonathan; Hawkes, Denise; Pereira, Sonia - C.E.P.R. Discussion Papers - 2005

Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more … and (ii) in an accounting sense the skills gap between the firms in the top and bottom deciles of the TFP distribution …

Persistent link: https://www.econbiz.de/10005497762

Winners and losers: A Micro-level Analysis of International Outsourcing and Wages

Geishecker, Ingo; Görg, Holger - C.E.P.R. Discussion Papers - 2007

Our paper investigates the link between international outsourcing and wages utilizing a large household panel and combining it with industry level information on industries' outsourcing activities from input-output tables. This approach avoids problems such as aggregation bias, potential...

Persistent link: https://www.econbiz.de/10005497784

The Demand for Coordination

Dessein, Wouter; Santos, Jesus - C.E.P.R. Discussion Papers - 2003

This paper endogenizes coordination problems in organizations by allowing for both ex ante coordination of activities, using rules and task guidelines, and ex post coordination, using communication and broad job assignments. It shows that: (i) Task specialization and the division of labour is...

Persistent link: https://www.econbiz.de/10005497860

A new measure of skills mismatch: theory and evidence from the Survey of Adult Skills (PIAAC)

Fichen, Anne; Pellizzari, Michele - C.E.P.R. Discussion Papers - 2014

This paper proposes a new measure of skills mismatch that combines information about skill proficiency, self …-skilled. The availability of skill use data further permit the computation of the degree of under and over-usage of skills in the … economy. The empirical analysis is carried out using the first wave of the OECD Survey of Adult Skills (PIAAC), allowing …

Persistent link: https://www.econbiz.de/10011096096

The Anatomy of French Production Hierarchies

Caliendo, Lorenzo; Monte, Ferdinando; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2012

We use a comprehensive dataset of French manufacturing firms to study their internal organization. We first divide the employees of each firm into `layers' using occupational categories. Layers are hierarchical in that the typical worker in a higher layer earns more, and the typical firm...

Persistent link: https://www.econbiz.de/10011084412

Relational Knowledge Transfers

Garicano, Luis; Rayo, Luis - C.E.P.R. Discussion Papers - 2013

An expert must train a novice. The novice initially has no cash, so he can only pay the expert with the accumulated surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his own. The sole reason he does not is the prospect of...

Persistent link: https://www.econbiz.de/10011084551

Time-Varying Fund Manager Skill

Kacperczyk, Marcin; van Nieuwerburgh, Stijn; Veldkamp, Laura - C.E.P.R. Discussion Papers - 2012

How to evaluate a fund manager’s skill is a central question in empirical finance. Prior literature has defined skill as an ability to either pick stocks or time the market, at all times. We propose a new definition of skill as a general cognitive ability used in different ways at different...

Persistent link: https://www.econbiz.de/10011084660