strategic (focused on increasing revenues through investment). Using predictions from the theoretical framework, we estimate a … firm-level labor demand equation to test defensive restructuring and an augmented investment equation to assess strategic … restructuring. The labor demand estimates point to relatively slow defensive restructuring, while the investment model estimates …

the two countries and confirm that firms in both economies adjusted employment gradually over time in response to …

-2001. We investigate the impact of wages, output growth, investment, firm size and sectors upon employment, focusing on the … asymmetry hypothesis. We find that investment plays an important role in enhancing employment growth. We also notice that … employment in response to output growth, when one controls for investment. A result, which may be consistent with the insiders …

implications of offshore outsourcing. In the first two essays, I use structural models to analyze the size of employment changes … aggregate employment effect is negative. The numerical analysis, however, shows that the negativity of the aggregate effect is … caused by the cleansing effect, and that the employment responses of outsourcers are ambiguous. In the second essay, firms …

This paper presents a comparative analysis of employment and wage behavior of firms in the Czech Republic, Slovakia … difference in the employment behavior among firms by ownership or legal status. However, Czech, Slovak and Polish private firms … employment and allowed less rent sharing than the newly established firms. …

This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings …% increase in minimum wages lowers employment in the covered sector by 1.09% and decreases the average number of hours worked of … largest impact on the wages and employment of covered sector workers is in the lower half of the distribution. …

Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …

decision effects. Also, we do not find evidence that myopic markets lead to under-investment at the establishment level. On the … contrary, we find that after going private, firms shrink capital and employment, and close plants more quickly, relative to …