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The Value of Business Networks in Emerging Economies: An Analysis of Firms' External Financing Opportunities
business networks agency costs external firm financing bank loans transition economies endogeneity
2012/10/30
The paper argues that networked firms are likely to have an advantage in securing external finance in countries with weak legal and judicial institutions since it helps financial institutions to minim...
Throughout this decade the European Parliament has been a major player regularly
calling for the serious consideration of social aspects – but the influence of the
Parliament clearly varies across i...
A Comparative Analysis of Security,Flexibility,and Decentralized Industrial Relations in Japan
Comparative Analysis Security Flexibility Decentralized Industrial Relations
2009/11/6
Japan provides many interesting points for comparative
discussion on the “convergences and/or divergences in labor law
systems.” This paper focuses on three aspects.
First, this article outlines th...
Comparative Analysis of Labor Law:Learning from the Work Products of a Model Collaborative Design
Comparative Analysis Labor Law Work Products Collaborative Design
2009/11/6
Almost forty years ago, Benjamin Aaron organized what perhaps
has been the single most fruitful scholarly undertaking in the
comparative study of labor and employment law. As a result of his
encour...
Updating International Labor Standards in the Area of Social Security:A Framework for Analysis
International Labor Standards Area of Social Security Framework for Analysis
2009/11/6
This paper is written as a contribution to the updating of
international labor standards in the field of social security. The
starting point for our analysis is ILO Convention 102 of 1952
(“Convent...
Understanding the Contributions of Reallocation to Productivity Growth: Lessons from a Comparative Firm-Level Analysis
the Contributions Reallocation Productivity Growth Comparative Firm-Level Analysis
2009/11/5
We analyze comprehensive manufacturing firm data to measure the contribution of inter-firm employment reallocation to aggregate productivity growth during the socialist and reform periods in six trans...
Employment Policy and the Regulation of Part-Time Work in the European Union:A Comparative Analysis
Employment Policy Regulation of Part-Time Work European Union Comparative Analysis
2009/11/5
Part-time work in the European Union is on the increase. The
share of part-time workers in total employment has risen by about five
percentage points since the early 1990s and now stands at 16.5% in...
A Comparative Analysis of the Law Regulating Employment Arbitration Agreements in the United States and Canada
Comparative Analysis Law Regulating Employment Arbitration Agreements
2009/11/5
Following decisions of the United States Supreme Court in
Gilmer v. Interstate/Johnson Lane Corp.1 and more recently in Circuit
City Stores, Inc. v. Adams,2 it has become increasingly common for
Am...
A Comparative Analysis:Corporate Governance and Labor and Employment Relations in Japan
Comparative Analysis Corporate Governance Labor and Employment Relations
2009/11/4
Mark Roe and Margaret Blair note, “In recent years legal and
finance scholars who have studied the institutions of control and
governance in larger corporations have focused on the relationship
bet...
Welfare Analysis in a Schumpeterian Growth Model with Capital
Gender gap glass ceiling quantile regression
2013/10/18
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analy...
Industrial Relations and the Wage Differentials between Skilled and Unskilled Blue-Collar Workers within Establishments: An Empirical Analysis with Data of Manufacturing Firms
Wage differentials skilled and unskilled labour union density works councils
2013/10/17
Increased wage inequality between skilled and unskilled workers is a stylized fact, which can be observed in many developed countries. Among the explanations advanced for this phenomenon is the increa...
Overtime Hours in Great Britain over the Period 1975-1999: A Panel Data Analysis
Overtime work contractual hours panel data Tobit model
2013/10/18
Around 40% of the male workforce regularly works 8 to 9 hours a week of paid overtime. This paper investigates the determinants of overtime hours in Britain over the period 1975-1999. For this purpose...
Decomposition Analysis for a Binary Choice Model
Decomposition analysis binary choice probit selection bias labor market participation
2013/10/18
This paper introduces a new and simple decomposition method for a binary choice model that is equivalent to the Blinder-Oaxaca decomposition analysis for wage differentials. The decomposition method i...
Are Immigrants Favorably Self-Selected? An Economic Analysis
Immigrants migration selectivity human capital earnings
2013/10/18
This paper explores the theoretical issues and the empirical literature regarding the selectivity of migrants. Although the primary focus is on international migration, reference is made to internal m...
Unemployment and Productivity Growth: An Empirical Analysis within the Augmented Solow Model
Growth equilibrium unemployment panel data
2013/10/18
Does a country抯 level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question....