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Becker, Sascha O.; Hvide, Hans K. - CESifo - 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/10010607007

Explaining the Size Differences of Exporter Productivity Premia: Theory and Evidence

Geishecker, Ingo; Schröder, Philipp J.H.; Sörensen, Allan - CESifo - 2014

Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to … EPPs across sectors, and hence across countries, can be explained by the variation in productivity dispersion, trade costs …

Persistent link: https://www.econbiz.de/10010741313

Reform, Uncertainty and Spillovers - A Gravity Model Approach

Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - CESifo - 2012

driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of …

Persistent link: https://www.econbiz.de/10009651184

Uncertainty and the Employment Dynamics of Small and Large Businesses

Ghosal, Vivek; Ye, Yang - CESifo - 2014

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …

Persistent link: https://www.econbiz.de/10010960647

Business Decision-Making under Uncertainty: Evidence from Employment and Number of Businesses

Ghosal, Vivek; Ye, Yang - CESifo - 2013

uncertainty on firms’ decisions and market outcomes. We construct alternative measures of uncertainty based on survey of … index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment and the … generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on firms’ decisions …

Persistent link: https://www.econbiz.de/10010674454

Equilibrium Unemployment with Outsourcing and Wage Solidarity under Labour Market Imperfections

Koskela, Erkki; Stenbacka, Rune - CESifo - 2007

We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage dispersion between the high-skilled and low-skilled...

Persistent link: https://www.econbiz.de/10005405909

The Role of Profit Sharing in a Dual Labour Market with Flexible Outsourcing

Koskela, Erkki; König, Jan - CESifo - 2009

We analyze the following questions associated with flexible outsourcing under partly imperfect dual domestic labour markets, where high skilled workers participate in firm’s profit via profit sharing: How does the implementation of profit sharing influence flexible outsourcing? What is the...

Persistent link: https://www.econbiz.de/10005405934

Flexible Outsourcing, Profit Sharing and Equilibrium Unemployment

Koskela, Erkki; König, Jan - CESifo - 2008

flexible profit sharing. Implementing profit sharing can help to avoid outsourcing due to a direct productivity effect and a …

Persistent link: https://www.econbiz.de/10005406397

Equilibrium Unemployment with Outsourcing under Labour Market Imperfections

Koskela, Erkki; Stenbacka, Rune - CESifo - 2007

We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research. Furthermore, we show that a production mode with a...

Persistent link: https://www.econbiz.de/10005094289

Productivity and the Decision to Import and Export: Theory and Evidence

Kasahara, Hiroyuki; Lapham, Beverly - CESifo - 2008

aggregate productivity, resource allocation, and industry export activity along both the extensive and intensive margins. Using … productivity and shipping costs using Chilean plant-level data for a set of manufacturing industries. The estimated model is … consistent with the key features of the data regarding productivity, exporting, and importing. We perform a variety of …

Persistent link: https://www.econbiz.de/10005094369