Showing 1 - 10 of 7,266
quantitative impact of immigrants on employer profit, and which employers are most likely to gain (suffer) increased (reduced … employers and shareholders, particularly in those industries with high needs for skilled immigrants. The American …. -- skilled immigrants ; immigration policy ; employers ; shareholders ; event study ; H-1B visa …
Persistent link: https://www.econbiz.de/10009308050
Our simple model features agents heterogeneous in skill and risk aversion, incomplete financial markets, and redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion sufficiently low. Under heavier taxation, entrepreneurs are more...
Persistent link: https://www.econbiz.de/10012970829
S&T manpower act as the most important ingredient for scientific and technological activities. It is also an indicator of technological competitiveness of a country, which is most important in the 21st century. The manpower outturn and stock is also an important input while designing science...
Persistent link: https://www.econbiz.de/10014204323
Combining the daily productivity records of individual manufacturing workers with stock market data, we find that worker productivity is negatively associated with market overnight returns. This effect is instantaneous, and the economic loss is quantitatively important. Mechanism analysis...
Persistent link: https://www.econbiz.de/10014351207
quantitative impact of immigrants on employer profit, and which employers are most likely to gain (suffer) increased (reduced … employers and shareholders, particularly in those industries with high needs for skilled immigrants. The American …
Persistent link: https://www.econbiz.de/10013092819
Persistent link: https://www.econbiz.de/10000648499
Firms with high levels of organization capital, a firm-specific production factor provided by key employees, are known to be risky and earn high stock returns. We argue that fragility of organization capital -- its sensitivity to potential disruptions -- is an independently important determinant...
Persistent link: https://www.econbiz.de/10012936879
This paper examines the impact of the minimum wage legislation on firms' performance through the abnormal returns of share prices. Abnormal returns are estimated for events throughout the legislation in Hong Kong. Evidences show that the anticipated impact of the minimum wage on firms'...
Persistent link: https://www.econbiz.de/10013037867
Net corporate profits have persisted at historical highs for almost 10 years. Such levels exceed what can be profitably re-invested, as evidenced by aggregate dividend payouts and buybacks nearing 6% of GDP. We argue that at such levels corporate profits operate effectively as a tax on the...
Persistent link: https://www.econbiz.de/10013015761