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Concentrating on the Fall of the Labor Share

Autor, David H. - 2017

The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...

Persistent link: https://www.econbiz.de/10012963787

The Fall of the Labor Share and the Rise of Superstar Firms

Autor, David H. - 2017

The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...

Persistent link: https://www.econbiz.de/10012956029

Monitoring Costs, Credit Constraints and Entrepreneurship

Banerji, Sanjay - 2012

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

Persistent link: https://www.econbiz.de/10013104968

Bribes vs. Taxes : Market Structure and Incentives

Amodio, Francesco - 2018

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers. To decrease these costs, we designed a feedback incentive scheme for business tax inspectors that...

Persistent link: https://www.econbiz.de/10012914336

Corruption as a Barrier to Entry : Theory and Evidence

Campos, Nauro - 2010

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …

Persistent link: https://www.econbiz.de/10013136941

Corrupted by Algorithms? How Ai-Generated and Human-Written Advice Shape (Dis)Honesty

Leib, Margarita; Köbis, Nils; Rilke, Rainer Michael; … - 2023

Artificial Intelligence (AI) increasingly becomes an indispensable advisor. New ethical concerns arise if AI persuades people to behave dishonestly. In an experiment, we study how AI advice (generated by a Natural-Language-processing algorithm) affects (dis)honesty, compare it to equivalent...

Persistent link: https://www.econbiz.de/10014346985

The Tragedy of Corruption

Chen, Yefeng - 2016

We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective sanction of the …' corruptibility but is not sufficient to eliminate the Tragedy of corruption that leads both firms and officials to earn less than in … the absence of corruption …

Persistent link: https://www.econbiz.de/10012983900

Corruption and Bureaucratic Structure in a Developing Economy

Bennett, John - 2007

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …

Persistent link: https://www.econbiz.de/10012778446

On Monetary and Non-Monetary Interventions to Combat Corruption

Banerjee, Ritwik - 2017

-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low … probability of detection with high penalty is a stronger deterrent to corruption than a high probability of detection with low …

Persistent link: https://www.econbiz.de/10012960284

Fiscal Policy and Occupational Employment Dynamics

Bredemeier, Christian - 2017

We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue-collar occupations is hardly affected by fiscal stimulus...

Persistent link: https://www.econbiz.de/10012965027