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Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

Persistent link: https://www.econbiz.de/10013248072

Corporate Hierarchies Under Employee Representation

Belloc, Filippo - 2020

This paper analyzes whether workplace employee representation (ER) affects the design of firm hierarchies. We rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends on the trade-off between communication and knowledge...

Persistent link: https://www.econbiz.de/10012822863

Turbulence, Firm Decentralization and Growth in Bad Times

Aghion, Philippe - 2017

What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...

Persistent link: https://www.econbiz.de/10012957505

Contested Transparency : Digital Monitoring Technologies and Worker Voice

Belloc, Filippo; Burdin, Gabriel; Dughera, Stefano; … - 2023

Advances in artificial intelligence and data analytics have notably expanded employers' monitoring and surveillance capabilities, facilitating the accurate observability of work effort. There is an ongoing debate among academics and policymakers about the productivity and broader welfare...

Persistent link: https://www.econbiz.de/10014343847

Robots and Worker Voice : An Empirical Exploration

Belloc, Filippo; Burdin, Gabriel; Landini, Fabio - 2021

The interplay between labour institutions and the adoption of automation technologies remains poorly understood. Specifically, there is little evidence on how the nature of industrial relations shapes technological choices at the workplace level. Using a large sample of more than 20000 European...

Persistent link: https://www.econbiz.de/10013315162