Merz, M. and E. Yashiv (2007), "Labor and the market value of the firm." Amer- ican Economic Review, 97, 1419-1431.Merz, Monika and Eran Yashiv., 2007, Labor and the market value of the firm, Amer- ican Economic Review, 97 (4), 1419-1431...
Labor and the Market Value of the Firm. What role does labor play in firms' market value? We use a production-based asset pricing model with factor adjustment costs and forward-looking agents to ... Merz,Monika,Yashiv,... - 《American Economic Review》 被引量: 412发表: 2007年 A Micro...
(2011). The Division of Labor and the Firm: An Austri- an Attempt at Explaining the Firm in the Market. Quarterly Journal of Austrian Economics, 14(2), 188-215.Bylund, Per L. 2011. "The Division of Labor and the Firm: An Austrian Attempt at Explaining the Firm in the Market." ...
This paper studies how the financial choices of corporations interact with the overall level of economic activity through a specific channel, namely, the effect of capital structure choices on labor market conditions, i.e., wages and unemployment. Our examination of the interaction between capital ...
The tax incentives designed to stimulate firm investment may have a large and unexpected impact on labor market outcomes. Using a comprehensive data set on Chinese manufacturing firms during the period 1998–2007 with a difference-in-differences approach, we examine the impact of the value-added ta...
Human Capital, Bankruptcy, and Capital Structure We derive the optimal labor contract for a levered firm in an economy with perfectly competitive capital and labor markets. Employees become entrenched und... JB Berk,R Stanton,J Zechner - 《Journal of Finance》 被引量: 454发表: 2010年 ...
aWith respect to the former, characteristics of labor, product, and capital market organization at the firm and economy levels have been identified as specific institutional innovations that allegedly gave Japan a competitive edge. 关于前,劳方的特征,产品和资本市场组织在企业和经济水平被辨认了作为涉嫌...
D Thesmar,M Thoenig 摘要: This paper provides an analysis of the impact of financial liberalisation on firms ' organisations and labor demand. We argue that financial liberalisation tend to foster the adoption by firms of more profitable, yet more risky strategies. Because of product market ...
We also find evidence of a cognitive social-skill complementarity for both outcomes. As a whole, the job skills have explanatory power in pay and firm performance regressions, beyond what is available in widely-used labor market data 展开 ...
aThe market for labor looks like any other market: downward-sloping demand, upward-sloping supply, equilibrium price (called a wage), and equilibrium quantity of labor hired. 市场为劳方看似其他市场: downward-sloping需求、upward-sloping供应、平衡价格 (叫的薪水)和被聘用的劳方的平衡数量。[translate...