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together the following results: merging parties' profits fall but consumer surplus is unchanged, Stackelberg leadership raises …
Persistent link: https://www.econbiz.de/10011083659
leadership naturally arise as a response to organizational trade-offs between coordination and adaptation. At the optimum, all … the expense of all others. Our results shed light on the importance of leadership, strategy and “core competences,” as …
Persistent link: https://www.econbiz.de/10011084079
I develop a model of group decision-making, in which a committee generates proposals and holds open discussions, but the ultimate decision is either taken by a leader (decision by authority) or by majority vote. Optimal communication processes are studied that combine both cheap talk statements...
Persistent link: https://www.econbiz.de/10005792030
The comovement between exports and productivity observed in many countries suggests a direct link between these two … attempts to examine this relationship, while recent trade theory suggests that the relationship between trade and productivity … suggest that exports, productivity and the terms of trade move together in the long run in all countries except the United …
Persistent link: https://www.econbiz.de/10005504339
would reflect higher productivity of more senior workers. If this were true, the observation of an effect of seniority on … wages would depend on the presence of controls for individual productivity. In this paper we replicate, using personnel data …' evaluations were used as productivity indicators. Since the validity of supervisors' evaluations as measures of productivity has …
Persistent link: https://www.econbiz.de/10005504362
aggregation problem introduces a bias into standard measures of firm productivity. We develop a theoretical model of heterogeneous …
Persistent link: https://www.econbiz.de/10005504461
, explains the initial rise in unemployment. The reduction in union power also helps to explain the acceleration in productivity … low wages and productivity. A fall in union power results in a reduction in these inefficiencies and leads not only to a … rise in productivity but also in wages. …
Persistent link: https://www.econbiz.de/10005504742
We study the implications of electoral corruption for resource allocation, factor market equilibrium and inequality. We focus on the control of the voting of agricultural workers by landlords and show that if the employment relationship is subject to moral hazard then the resulting rents...
Persistent link: https://www.econbiz.de/10005504774
Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more …
Persistent link: https://www.econbiz.de/10005497762
What is the effect of imports on productivity? To answer this question, we estimate a structural model of producers … productivity through expanding variety as well as improved input quality. The model leads to a production function where the total … factor productivity of a firm depends on the share of inputs imported. To estimate this import-augmented production function …
Persistent link: https://www.econbiz.de/10005497802