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Incorporation and Taxation : Theory and Firm-Level Evidence

Egger, Peter - 2009

This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...

Persistent link: https://www.econbiz.de/10013158386

Opt in Versus Opt Out : A Free-Entry Analysis of Privacy Policies

Degryse, Hans - 2006

There is much debate on how the flow of information between firms should be organized, and whether existing privacy … laws should be amended. We offer a welfare comparison of the three main current policies towards consumer privacy … costly to opt in or opt out, privacy policies shape firms' ability to collect and use customer information, and affect their …

Persistent link: https://www.econbiz.de/10012779192

'Now that You Mention It' : A Survey Experiment on Information, Salience and Online Privacy

Marreiros, Helia - 2016

paper investigates whether highlighting positive or negative aspects of online privacy, thereby mitigating the informational … problem, can affect consumers' privacy actions and attitudes. Results of two online survey experiments indicate that … informed about positive attitudes of companies towards their privacy. On the other hand, they do not change their attitudes and …

Persistent link: https://www.econbiz.de/10012996793

Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey

Richards, Simone - 2016

Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada's Business Outlook Survey, spanning the 2001 to 2015...

Persistent link: https://www.econbiz.de/10012979664

Optimal Trend Inflation

Adam, Klaus - 2018

Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically different predictions for the optimal inflation rate than their popular homogenous-firm counterparts: (1) the optimal steady-state inflation rate generically differs from zero and...

Persistent link: https://www.econbiz.de/10012916153

Trade, Wages, and Profits

Egger, Hartmut - 2012

This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...

Persistent link: https://www.econbiz.de/10013101194

Global Sourcing Decisions and Firm Productivity : Evidence from Spain

Kohler, Wilhelm - 2010

We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is driven by a hold-up problem caused by lack of...

Persistent link: https://www.econbiz.de/10013149002

Should Tax Policy Favor High- or Low-Productivity Firms?

Langenmayr, Dominika - 2013

Heterogeneous firm productivity seems to provide an argument for governments to pursue ‘pick-the-winner' strategies by subsidizing highly productive firms more, or taxing them less, than their less productive counterparts. We appraise this argument by studying the optimal choice of effective...

Persistent link: https://www.econbiz.de/10013089181

Firms Left Behind : Emigration and Firm Productivity

Giesing, Yvonne - 2018

total factor productivity. We exploit time, country, and industry differences in the opening of EU labor markets from 2004 … to 2014 as a source of exogenous variation in the emigration rates from new EU member states. We argue that a potential …

Persistent link: https://www.econbiz.de/10012927105

Heterogeneous Firms and International Trade : The Role of Productivity and Financial Fragility

Assenza, Tiziana - 2016

Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show that also financial capacity, captured by the level...

Persistent link: https://www.econbiz.de/10012986270