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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - C.E.P.R. Discussion Papers - 2011

I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...

Persistent link: https://www.econbiz.de/10009320400

Offshoring: General Equilibrium Effects on Wages, Production and Trade

Baldwin, Richard; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2007

A simple model of offshoring, which depicts offshoring as ‘shadow migration,’ permits straightforward derivation of … necessary and sufficient conditions for the effects on wages, prices, production and trade. We show that offshoring requires … modification of the four classic international trade theorems, so econometricians who ignore offshoring might reject the Heckscher …

Persistent link: https://www.econbiz.de/10005504595

Offshoring high-skilled jobs: EU multinationals and domestic employment of inventors

Abramovsky, Laura; Griffith, Rachel; Miller, Helen - C.E.P.R. Discussion Papers - 2012

-skilled employment in headquarter countries. We estimate of the impact offshoring inventors has on firms' use of inventors at home using …

Persistent link: https://www.econbiz.de/10011084698

Employee Satisfaction, Labor Market Flexibility, and Stock Returns Around The World

Edmans, Alex; Li, Lucius; Zhang, Chendi - C.E.P.R. Discussion Papers - 2014

flexibility, such as Germany. These results are consistent with high employee satisfaction being a valuable tool for recruitment …

Persistent link: https://www.econbiz.de/10011083605

Self-Confidence & Social Interactions

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2000

This paper studies the interactions between an individual's self-esteem and his social environment - in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...

Persistent link: https://www.econbiz.de/10005656299

Intra-firm Wage Dispersion and Firm Performance

Winter-Ebmer, Rudolf; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1997

Personnel economics has suggested conflicting arguments about the impact of increased wage dispersion within firms on workers’ productivity and firm performance. Besides giving more advancement incentives, bigger wage differentials might also give rise to less cooperation and more politics...

Persistent link: https://www.econbiz.de/10005666890

Job Tenure, Wages and Technology: A Reassessment Using Matched Worker-Firm Panel Data

Givord, Pauline; Maurin, Eric - C.E.P.R. Discussion Papers - 2003

This Paper presents new estimates of the impact of job tenure on wages using a new French matched worker-firm dataset. We develop an identification strategy that relies on one specific feature of the French labour laws. They stipulate that firms, when firing workers, must include as one of their...

Persistent link: https://www.econbiz.de/10005666983

Concentrated Ownership and Labour Relations

Mueller, Holger M; Philippon, Thomas - C.E.P.R. Discussion Papers - 2006

Political struggles between the emerging European liberal states and the Catholic church in the 18th and 19th centuries provoked the formation of highly oppositional labour movements, resulting in Catholic countries having conflictual labour relations until the present. Based on the premise that...

Persistent link: https://www.econbiz.de/10005792279

Employment Laws in Developing Countries

Djankov, Simeon; Ramalho, Rita - C.E.P.R. Discussion Papers - 2008

We survey the research on the effect of employment laws in developing countries, using papers published since 2004. The survey is further supported by cross-country correlation analyses. Both exercises show that developing countries with rigid employment laws tend to have larger informal sectors...

Persistent link: https://www.econbiz.de/10005792340

The Economics of Prozac (Do Employees Really Gain from Strong Employment Protection?)

Wasmer, Etienne - C.E.P.R. Discussion Papers - 2006

Unlike many other contracts, employment contracts are subject to various external administrative procedures governing separations, ranging from compulsory severance payments and advance notice periods (usually seniority based), to collective layoff procedures (usually depending on the firm's...

Persistent link: https://www.econbiz.de/10005124206