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non-exporting firms. Our results show that agglomeration economies at zip-code level strongly effect the location decision … of industrial establishments and find the presence of agglomeration shadows, one of the core predictions of the standard … New Economic Geography formulations. -- Firm Location ; Agglomeration Economies ; Agglomeration Shadows …
Persistent link: https://www.econbiz.de/10003891875
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012649569
aggregate job turnover and, more specifically, turnover among manual workers. In contrast, innovative workplace organizational … practices are related to lower turnover among clerical workers and intermediate professionals and have a positive effect on …
Persistent link: https://www.econbiz.de/10013317244
This paper investigates the links between locational conditions, innovative capabilities and internationalization of manufacturing SMEs. Two modes of foreign market servicing are explored: exporting activity and relocating of selected business activities abroad. The empirical analysis employs...
Persistent link: https://www.econbiz.de/10009579357
Persistent link: https://www.econbiz.de/10010396568
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stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover …
Persistent link: https://www.econbiz.de/10003158646
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much...
Persistent link: https://www.econbiz.de/10009520500
We study the role of the contractual time horizon of CEOs for CEO turnover and corporate policies. Using hand …-collected data on 3,954 fixed-term CEO contracts, we show that remaining time under contract predicts CEO turnover. When contracts … are close to expiration, turnover is more likely and is more sensitive to performance. We also show a positive within …
Persistent link: https://www.econbiz.de/10012856892
In a reasonably calibrated Mortensen and Pissarides matching model, shocks to average labor productivity can account for only a small portion of the fluctuations in unemployment and vacancies (Shimer (2005a)). In this paper, the author argues that if vintage specific shocks rather than aggregate...
Persistent link: https://www.econbiz.de/10012706057