Demand uncertainty is thought to in uence irreversible capacity decisions. Suppose local demand can be sourced from domestic (rigid) production or from (fl exible) imports. This paper shows that the optimal domestic capacity is either increasing or decreasing with demand uncertainty depending on...

La coordination transversale, caractéristique des entreprises décloisonnées, renforce l'autonomie des acteurs et leur nécessaire coopération dans l'acte productif. Elle remet ainsi en cause deux hypothèses clés sur lesquelles repose le contrôle de gestion traditionnel : ¨ Le découpage...

Online marketplaces for remote labor services allow workers and firms to contract with each other directly. Despite this, a large fraction of the workforce is affiliated with small, autonomous intermediary organizations that are widespread within these markets. This paper shows that...

Online markets for remote labor services allow workers and firms to contract with each other directly. Despite this, intermediaries - called outsourcing agencies - have emerged in these markets. This paper shows that agencies signal to employers that inexperienced workers are high quality....

Ninety percent of FDI between developed countries takes the form of a merger/acquisition rather then greenfield investment, and as shown by Guadalupe, Thomas and Kuzmina (forthcoming), multinationals tend to buy the most productive firms within countries. Two thirds of the MNC productivity...

This paper empirically characterizes the matching between firms in domestic and cross-border mergers and acquisitions (M&A). The analysis is guided by a theoretical framework constructed following the premises of the new trade theory. It assumes that firms are heterogeneous, within the industry...

Online markets for remote labor services allow workers and firms to contract with each other directly. Despite this, intermediaries - called outsourcing agencies - have emerged in these markets. This paper shows that agencies signal to employers that inexperienced workers are high quality....

The ‘knowledge economy’ is a concept commonly deemed too ambiguous and elusive to hold any significance in current economic debate. This valuable book seeks to refute that myth. Presenting an important collection of views, from a number of leading scholars, this innovative volume...

Online recruitment describes hiring workers who were initially selected via the Internet. The practice is now widespread, with a majority of US jobseekers undertaking some online job search activity. The online intermediaries that allow employers and employees to connect with each other, leading...