Showing 1 - 10 of 42
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise...
Persistent link: https://www.econbiz.de/10010630739
The decade of the 1940s was one of the darkest periods in the country's history, with years of famine, repression, general misery, and impoverishment of all aspects of national life ranging from culture to the economy. During those years plans were made to establish a Spanish motor industry once...
Persistent link: https://www.econbiz.de/10005827441
This paper analyses the interaction of two topics: Supply Chain Management (SCM) and Internet. Merging these two fields is a key area of concern for contemporary managers and researchers. They have realized that Internet can enhance SCM by making real time information available and enabling...
Persistent link: https://www.econbiz.de/10005572655
Standard economic analysis holds that labor market rigidities are harmful for job creation and typically increase unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For these reasons it is important to explain why we...
Persistent link: https://www.econbiz.de/10005772279
We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...
Persistent link: https://www.econbiz.de/10008680902
The Spanish automobile industry had a late start. Although the country proved capable of short production runs of high- quality vehicles during the first third of the century it never managed to build up its own industry, unlike Great Britain, France, or Italy. What then, were the critical...
Persistent link: https://www.econbiz.de/10005772586
In this paper, we design the optimal contract when two agents can collude under asymmetric information. They have correlated types, produce complementary inputs and are protected by limited liability. Therefore, a joint manipulation of reports allows them to internalize informational and...
Persistent link: https://www.econbiz.de/10005015544
I study the optimal project choice when the principal relies on the agent in charge of production for project evaluation. The principal has to choose between a safe project generating a fixed revenue and a risky project generating an uncertain revenue. The agent has private information about the...
Persistent link: https://www.econbiz.de/10005015555
We investigate whether the gender composition of teams affect their economic performance. We study a large business … significantly outperformed by any other gender combination, both at the undergraduate and MBA levels. Looking across the performance … performance are explained by differences in decision-making. We observe that three women teams are less aggressive in their …
Persistent link: https://www.econbiz.de/10008597127
. In particular, portfolio performance, measured by the Sharpe ratio relative to the tangency portfolio, varies … significantly with liquidity. Moreover, although mean-variance performance becomes clearly worse, the levels of liquidity on optimal …
Persistent link: https://www.econbiz.de/10005707977