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Becker, Sascha O.; Hvide, Hans K - C.E.P.R. Discussion Papers - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10011083991

Bargained Wages, Wage Drift and the Design of the Wage-Setting System

Cardoso, Ana Rute; Portugal, Pedro - C.E.P.R. Discussion Papers - 2004

This Paper aims at answering the question: how does a typically 'European' bargaining system – with collective bargaining, extension mechanisms and national minimum wage – coexist with low unemployment rate and high wage flexibility? A unique dataset on workers, firms and collective...

Persistent link: https://www.econbiz.de/10005123689

Curriculum and Ideology

Cantoni, Davide; Chen, Yuyu; Yang, David Y.; Yuchtman, Noam - C.E.P.R. Discussion Papers - 2014

reform in China that was rolled out between 2004 and 2010 with the explicit intention of shaping youths' ideology. To measure … participation and democracy in China, increased trust in government officials, and a more skeptical view of free markets. …

Persistent link: https://www.econbiz.de/10011084089

The Institutional Foundations of China’s Reforms and Development

Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …

Persistent link: https://www.econbiz.de/10008468688

Unemployment, Real Wages and Union Membership

Schmidt, Christoph M; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 1993

This paper investigates economic determinants and effects of aggregate union membership in the Federal Republic of Germany. We establish that in the long run, high union membership levels coincide not only with a large labour force, but also with a high level of real wages, a small dispersion of...

Persistent link: https://www.econbiz.de/10005656160

Union Membership and Wage Bargaining When Membership is Not Compulsory

Booth, Alison L; Chatterji, Monojit - C.E.P.R. Discussion Papers - 1994

This paper develops a theoretical model of the <MI>simultaneous<D> determination of union wages and union membership, and empirically implements the model using the 1990 Workplace Industrial Relations Survey. The empirical literature on union wage gaps has long recognized that union membership may be...</d></mi>

Persistent link: https://www.econbiz.de/10005666596

Wages and Productivity Growth in a Dynamic Monopoly

Bester, Helmut; Petrakis, Emmanuel - C.E.P.R. Discussion Papers - 2001

This Paper studies the inter-temporal problem of a monopolistic firm that engages in productivity-enhancing innovations to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches the rate of wage growth and eventually the firm reaches...

Persistent link: https://www.econbiz.de/10005067455

Minimum Wages and Firm Profitability

Draca, Mirko; Machin, Steve; Van Reenen, John - C.E.P.R. Discussion Papers - 2006

other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …

Persistent link: https://www.econbiz.de/10005124436

Import competition from and outsourcing to China: a curse or blessing for firms?

Mion, Giordano; Zhu, Linke - C.E.P.R. Discussion Papers - 2011

China is different from both other low-wage and OECD countries. Industry-level import competition and firm-level outsourcing … to China reduce firm employment growth and induce skill upgrading. In contrast, industry-level imports have no effect on … Belgian firm survival, while firm-level outsourcing of finished goods to China even increased firm's probability of survival …

Persistent link: https://www.econbiz.de/10008854491

Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity

Bloom, Nicholas; Draca, Mirko; Van Reenen, John - C.E.P.R. Discussion Papers - 2011

-specific quotas following China’s entry into the World Trade Organization. Chinese import competition had two effects: first, it led …

Persistent link: https://www.econbiz.de/10008854502