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This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management...
Persistent link: https://www.econbiz.de/10013104934
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … level surveys performed by the Statistical Offices. Our micro-econometric analysis confirms previous findings of concave age …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that …
Persistent link: https://www.econbiz.de/10013109440
Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...
Persistent link: https://www.econbiz.de/10012898724
and their scores to firms' performance. Overall, our results show a positive and significant impact of an investment grant … granular analysis shows a strong impact of awarding a second grant to small-sized firms. However, we found no effect on micro …
Persistent link: https://www.econbiz.de/10014237941
We review the literature on financial constraints and the performance of small and medium enterprises (SMEs). We …
Persistent link: https://www.econbiz.de/10012842053
on age and gender) and its performance with respect to innovative activities (outlays and employment in research and …
Persistent link: https://www.econbiz.de/10013096452
Based on representative data, the German Micro-Census, we provide an overview of thedevelopment of self-employment and entrepreneurship in Germany between 1991 and 2010,the first two decades after reunification. We investigate the socioeconomic background ofthese individuals, their education,...
Persistent link: https://www.econbiz.de/10009486960
We address the long standing question of whether production factors are paid their marginalproducts. We propose a new approach that circumvents the need to specify productionfunctions and to compare marginal products to factor payments. Our approach is based on asimple equation that directly...
Persistent link: https://www.econbiz.de/10009522196
Blanchard (2022) highlights in his analysis of near- term inflation pressures. The amenity-values gains associated with the …
Persistent link: https://www.econbiz.de/10014081596
In recent decades, many industrialized economies have witnessed a pattern of job polarization. While shifts in labor demand, namely routinization or offshoring, constitute conventional explanations for job polarization, there is little research on whether shifts in labor supply along the labor...
Persistent link: https://www.econbiz.de/10014082319