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  1. Do larger firms exert more market power?
    markups and markdowns along the size distribution
    Erschienen: [2023?]
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes misallocation, factor shares, and gains from trade. Accounting for labor market power in markup estimation, we find instead that larger... mehr

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    Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes misallocation, factor shares, and gains from trade. Accounting for labor market power in markup estimation, we find instead that larger firms have lower product markups but higher wage markdowns. The negative markup-size correlation turns positive when conditioning on markdowns, suggesting interactions between product and labor market power. Our findings are robust to common criticism (e.g., price bias, non-neutral technology) and hold across 19 European countries. We discuss possible mechanisms and resulting implications, highlighting the importance of studying input and output market power in a unified framework.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/276959
    Auflage/Ausgabe: This version: September 18, 2023
    Schriftenreihe: IWH-CompNet Discussion Papers ; 2023, no. 1 (January 2023) [rev.]
    Schlagworte: firm size; markdowns; market power; markups
    Umfang: 1 Online-Ressource (III, 55 Seiten, 3,31 MB), Diagramme
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    Literaturverzeichnis: Seite 31-36, Seite 55

  2. Do larger firms exert more market power?
    markups and markdowns along the size distribution
    Erschienen: [2023]
    Verlag:  Centre for Economic Performance, London School of Economics and Political Science, London

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    Schriftenreihe: Discussion paper / Centre for Economic Performance ; no. 1945 (September 2023)
    Schlagworte: markups; markdowns; market power; firm size
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  3. Does economic freedom moderate perceived corruption for firms in India?
    Erschienen: September 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Available wisdom suggests that a negative relationship prevails between economic freedom and perceived corruption among firms. However, the relationship is far from linear and a number of complex interactions make it fairly nuanced. We show that... mehr

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    Available wisdom suggests that a negative relationship prevails between economic freedom and perceived corruption among firms. However, the relationship is far from linear and a number of complex interactions make it fairly nuanced. We show that greater competition may accentuate the problem of corruption. This is contrary to the general observation that regulations create conditions for corrupt practices. This study uses a broad-based survey for India to examine the role of economic freedom in influencing perceived corruption. The firm-level data helps to explore the relationship between economic freedom across Indian states and the perceived corruption in the formal sector. A statistically significant negative relationship as we obtain implies a fall in perceived corruption as a function of rise in contemporaneous and lagged economic freedom. These results hold when we design matching models and add a number of covariates with potentially opposite impact overall. The empirical structure clearly highlights the process of identification and shows that small and young firms and those with sole ownership perceive greater benefits from higher economic freedom. However as claimed above, older firms perceive higher corruption when economic freedom is higher. This lends support to the idea that competition facilitated by economic freedom can increase rent seeking behavior. Our study contributes to the literature by emphasizing that the relationship between economic freedom and corruption in India is layered, with firm characteristics playing a crucial role.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/282611
    Schriftenreihe: Discussion paper series / IZA ; no. 16484
    Schlagworte: perceived corruption; economic freedom; firm size; ownership; India
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  4. Establishment size, workforce composition and the college wage gap in Japan
    Erschienen: [2021]
    Verlag:  RIETI, [Tokyo, Japan]

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    Schriftenreihe: RIETI discussion paper series ; 21-E, 022 (March 2021)
    Schlagworte: within-firm college wage gap; firm size; regular employment; Japan
    Umfang: 1 Online-Ressource (circa 29 Seiten)
  5. Firm cyclicality and financial frictions
    Erschienen: [2023]
    Verlag:  Danmarks Nationalbank, Copenhagen

    Firms' sensitivities to business cycles differ by size and age. The differences are large: "young and small firms" are more cyclical than large firms, whereas "old and small" firms are closer to acyclical. A heterogeneous-firm model with... mehr

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    Firms' sensitivities to business cycles differ by size and age. The differences are large: "young and small firms" are more cyclical than large firms, whereas "old and small" firms are closer to acyclical. A heterogeneous-firm model with heterogeneous returns to scale can replicate these findings, and implies changes in the potency of different stabilisation policies.

     

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    Schriftenreihe: Working paper / Danmarks Nationalbank ; no. 196 (31 May 2023)
    Schlagworte: firm age; firm size; cyclicality; financial frictions
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  6. Firm age and job creation in the US
    new businesses are essential to keep unemployment low, but start-ups need loans in order to create jobs
    Autor*in: Hyatt, Henry R.
    Erschienen: November 2022
    Verlag:  Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), Bonn

    Entrepreneurship is essential for a healthy labor market. Recent evidence shows that young businesses (at most ten years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are especially... mehr

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    Entrepreneurship is essential for a healthy labor market. Recent evidence shows that young businesses (at most ten years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are especially important for youth employment. However, these businesses tend to borrow a lot, and the credit constraints they face limit their ability to create jobs. Historically, much of the discussion regarding the economic importance of entrepreneurship has focused on small businesses. Empirical evidence increasingly suggests that, among small businesses, those that are young create the most jobs.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/274623
    Schriftenreihe: IZA world of labor ; 2022, 501
    Schlagworte: entrepreneurship; employment; start-up; firm age; firm size; firm growth
    Umfang: 1 Online-Ressource (circa 12 Seiten), Illustrationen
  7. Gender diversity, labour in the boardroom and gender quotas
    Erschienen: [2022]
    Verlag:  Norwegian School of Economics, Bergen, Norway

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    hdl: 11250/3028979
    Schriftenreihe: Discussion paper / NHH, Department of Economics ; SAM 2022, 16 (October 2022)
    Schlagworte: Affirmative action; employee representation; shared governance; co-determination; women; boards of directors; firm size
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  8. A minimum wage may increase exports and firm size even with a competitive labor market
    Erschienen: March 2024
    Verlag:  CESifo, Munich, Germany

    This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage... mehr

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    This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage increases an exporter's foreign-market size and may cause a non-exporter to start exporting. The foreign-market size may increase so much that, although the home-market size decreases, the overall firm size increases.

     

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    hdl: 10419/296086
    Schriftenreihe: CESifo working papers ; 10997 (2024)
    Schlagworte: minimum wage; exports; firm size
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  9. Endogenous growth and real effects of monetary policy
    R&D and physical capital complementarities in a cash-in-advance economy
    Erschienen: [2018]
    Verlag:  Centro de Economia e Finanças da UP, [Porto]

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    Schriftenreihe: Cef.up working paper ; 2018, 02
    Schlagworte: ndogenous growth; R&D; physical capital; inflation; money,cash-in-advance; firm size
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  10. The effects of firm size on job quality
    a comparative study for Britain and France = La qualité de l'emploi en France et en Grande-Bretagne: quels effets de la taille de l'entreprise?
    Erschienen: [2017]
    Verlag:  Ceet - Centre d'études de l'emploi et du travail, Noisy-Le-Grand

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    Sprache: Englisch
    Medientyp: Ebook
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    ISBN: 9782111395992
    Schriftenreihe: Document de travail / Centre d'études de l'emploi et du travail ; no 191 (avril 2017)
    Schlagworte: job quality; firm size; internal labour market; comparative,linked employer-employee data; Britain; France
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  11. Service regulations, input prices and export volumes
    evidence from a panel of manufacturing firms
    Erschienen: 2017
    Verlag:  Banco de España, Madrid

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    Schriftenreihe: Documentos de trabajo / Banco de España, Eurosistema ; no. 1707
    Schlagworte: service regulations; intermediate input prices; exports; firm size
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  12. Large and influential
    firm size and governments' corporate tax rate choice?
    Erschienen: April 2016
    Verlag:  Oxford University Centre for Business Taxation, Oxford

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    Schriftenreihe: Working paper / Oxford University Centre for Business Taxation ; wp 16/05
    Schlagworte: firm size; corporation tax; political economy
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  13. A minimum wage may increase exports and firm size even with a competitive labor market
    Erschienen: March 2024
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage... mehr

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    This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage increases an exporter's foreign-market size and may cause a non-exporter to start exporting. The foreign-market size may increase so much that, although the home-market size decreases, the overall firm size increases.

     

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    Schriftenreihe: Discussion paper series / IZA ; no. 16846
    Schlagworte: minimum wage; exports; firm size
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  14. Have Chinese firms become smaller?
    if wo, why?
    Erschienen: September 2016
    Verlag:  International Food Policy Research Institute, Washington, DC, USA

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    Schriftenreihe: IFPRI discussion paper ; 01558
    Schlagworte: firm size; rising wages; labor law; minimum wage; China
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  15. Economic performance, wealth distribution and credit restrictions with continuous investment
    Erschienen: June 10, 2016
    Verlag:  CEA, Centro de Economía Aplicada, Ingeniería Industrial, Universidad de Chile, Santiago, Chile

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    Schriftenreihe: Array ; no 326
    Schlagworte: Unternehmensfinanzierung; Kreditmarkt; Kreditrationierung; Insolvenz; Vermögensverteilung; Offene Volkswirtschaft; Theorie; Wealth distribution; firm size; credit market imperfections; bankruptcy
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen