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We propose the so-called domestic "embodied unit labor costs" (EULC) at the country-sector level as a new cost-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a small share of its total cost which to a large extent...
Persistent link: https://www.econbiz.de/10012919512
In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level. We develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage and Labor Market Flow...
Persistent link: https://www.econbiz.de/10012926732
This paper provides a quantitative assessment of the economic contribution of unauthorized workers to the U.S. economy, and the potential gains from legalization. We employ a theoretical framework that allows for multiple industries and a heterogeneous workforce in terms of skills and...
Persistent link: https://www.econbiz.de/10012978969
Using administrative data from a major Chinese insurance firm that raised its sales targets and rewards for insurance agents in a highly non-linear incentive system, we find that the improvement in productivity far outweighed the costs associated with bunching distortions and other gaming...
Persistent link: https://www.econbiz.de/10013244278
This paper documents for the first time the relationship between profitability and three types of international trade …
Persistent link: https://www.econbiz.de/10013123600
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from …-productivity profiles, which are consistent with human capital theory, and adds a new finding of a rather negative effect of age on firms …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that …
Persistent link: https://www.econbiz.de/10013109440
According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female …
Persistent link: https://www.econbiz.de/10013154990
The paper links finance theory to labor economics and political economy in the context of migration and immigration …
Persistent link: https://www.econbiz.de/10013092819
activities towards innovation. We also find that international services outsourcing has a positive effect on profitability, as … predicted by theory, while this is not true for domestic sourcing. The results are robust to various specifications and an …
Persistent link: https://www.econbiz.de/10013070695
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not sent from the foreign parent company. Moreover, the...
Persistent link: https://www.econbiz.de/10013053540