The Experts below are selected from a list of 282 Experts worldwide ranked by ideXlab platform
Jacques Mairesse - One of the best experts on this subject based on the ideXlab platform.
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Economic Adjustment during the great recession the role of managerial quality
Research Papers in Economics, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labour productivity, wage per employee and labour share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labour shares. It appears, moreover, that this resilience is increasing with the size of industry shocks.
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Economic Adjustment during the great recession the role of managerial quality
Social Science Research Network, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labor productivity, wage per employee and labor share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labor shares. It appears, moreover, that this resilience is increasing with the size of industry shocks. Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
Giuseppe Nicoletti - One of the best experts on this subject based on the ideXlab platform.
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Economic Adjustment during the great recession the role of managerial quality
Research Papers in Economics, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labour productivity, wage per employee and labour share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labour shares. It appears, moreover, that this resilience is increasing with the size of industry shocks.
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Economic Adjustment during the great recession the role of managerial quality
Social Science Research Network, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labor productivity, wage per employee and labor share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labor shares. It appears, moreover, that this resilience is increasing with the size of industry shocks. Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
Klaus F Zimmermann - One of the best experts on this subject based on the ideXlab platform.
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the free movement of workers in an enlarged european union institutional underpinnings of Economic Adjustment
Social Science Research Network, 2016Co-Authors: Martin Kahanec, Mariola Pytlikova, Klaus F ZimmermannAbstract:The eastern enlargements of the European Union (EU) in 2004, 2007 and 2013 created a labor market with more than half a billion people, third only to India and China in terms of population size and matched only by the United States in Economic size. Along with the free movement of capital, goods and services, the acquis communautaire, basic legislation of the EU, also legally guarantee the free movement of people within the EU’s vast internal market. Owing to these liberalizations, and despite temporary transitional arrangements applied by some old member states towards citizens from new member states (NMSs), the EU witnessed a substantial east-west movement of people in the years following the eastern enlargements. The number of citizens in the old member states from the member states that joined the EU in 2004 and 2007 grew from about two million in 2004 to almost five million in 2009, signifying an increase from less than 0.5 to 1.2 % of the EU15 total population in just 5 years (Holland et al. 2011).
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the free movement of workers in an enlarged european union institutional underpinnings of Economic Adjustment
Research Papers in Economics, 2014Co-Authors: Martin Kahanec, Mariola Pytlikova, Klaus F ZimmermannAbstract:The eastern enlargements of the European Union (EU) and the extension of the free movement of workers to the new member states' citizens unleashed significant east-west migration flows in a labor market with more than half a billion people. Although many old member states applied transitional arrangements temporarily restricting the free movement of new member states' citizens, the need for Adjustment became ever more important during the Great Recession, which affected EU member states unevenly. This chapter studies whether and how east-west migration flows in an enlarged EU responded to institutional and Economic factors. We first develop a simple framework of Adjustment through migration of workers between labor markets affected by asymmetric Economic shocks. Using a new migration dataset and treating the EU enlargement and labor market openings towards the new EU members as a natural experiment allows us to estimate the effects of the EU accession and Economic opportunities on migration. Applying the difference-in-differences and triple differences empirical modeling framework, we subsequently find that east-west migration flows in the EU responded positively to the EU entry and Economic opportunities in receiving labor markets. However, this potential through which migration helped to ease the imbalances across EU labor markets was hampered by transitional arrangements, which negatively affected the flows of east-west migrants. We conclude that the free movement of workers is an asset that the EU needs to nurture as a means of adjusting to structural Economic asymmetries as well as to short-run shocks across EU member states.
Bouwhuis Sandra - One of the best experts on this subject based on the ideXlab platform.
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Age-specific offspring mortality Economically tracks food abundance in a piscivorous seabird
2019Co-Authors: Vedder Oscar, He Zhang, Daenhardt Andreas, Bouwhuis SandraAbstract:Earlier offspring mortality before independence saves resources for kin, which should be more beneficial when food is short. Using 24 years of data on age-specific common tern (Sterna hirundo) chick mortality, best described by the Gompertz function, and estimates of energy consumption per age of mortality, we investigated how energy wasted on nonfledged chicks depends on brood size, hatching order, and annual abundance of herring (Clupea harengus), the main food source. We found mortality directly after hatching (Gompertz baseline mortality) to be high and to increase with decreasing herring abundance. Mortality declined with age at a rate relatively insensitive to herring abundance. The sensitivity of baseline mortality to herring abundance reduced energy wasted on nonfledged chicks when herring was in short supply. Among chicks that did not fledge, last-hatched chicks were less costly than earlier-hatched chicks because of their earlier mortality. However, per hatchling produced, the least energy was wasted on chicks without siblings because their baseline mortality was most sensitive to herring abundance. We suggest that earlier mortality of offspring when food is short facilitates Economic Adjustment of posthatching parental investment to food abundance but that such Economic brood reduction may be constrained by sibling competition
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Data from: Age-specific offspring mortality Economically tracks food abundance in a piscivorous seabird
2019Co-Authors: Vedder Oscar, He Zhang, Dänhardt Andreas, Bouwhuis SandraAbstract:Earlier offspring mortality prior to independence saves resources for kin, which should be more beneficial when food is short. Using 24 years of data on age-specific common tern (Sterna hirundo) chick mortality, best described by the Gompertz function, and estimates of energy consumption per age of mortality, we investigated how energy wasted on non-fledged chicks depends on brood size, hatching order and annual abundance of herring (Clupea harengus), the main food source. We found mortality directly after hatching (Gompertz baseline mortality) to be high and to increase with decreasing herring abundance. Mortality declined with age, at a rate relatively insensitive to herring abundance. The sensitivity of baseline mortality to herring abundance reduced energy wasted on non-fledged chicks when herring was short. Among chicks that did not fledge, last-hatched chicks were less costly than earlier hatched chicks, due to their earlier mortality. However, per hatchling produced, the least energy was wasted on chicks without siblings, due to their baseline mortality being most sensitive to herring abundance. We suggest that earlier mortality of offspring when food is short facilitates Economic Adjustment of post-hatching parental investment to food abundance, but that such Economic brood reduction may be constrained by sibling competition
Gilbert Cette - One of the best experts on this subject based on the ideXlab platform.
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Economic Adjustment during the great recession the role of managerial quality
Research Papers in Economics, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labour productivity, wage per employee and labour share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labour shares. It appears, moreover, that this resilience is increasing with the size of industry shocks.
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Economic Adjustment during the great recession the role of managerial quality
Social Science Research Network, 2020Co-Authors: Gilbert Cette, Jimmy Lopez, Jacques Mairesse, Giuseppe NicolettiAbstract:This study investigates empirically how managerial practices have affected macroEconomic Adjustment during the Great Recession after the 2008 Economic crisis. We start by constructing a country*industry balanced panel data over the 2007-2015 period for eighteen industries in ten OECD countries, and complementing it by two indicators: an indicator of management quality at the country level based on the managerial practices categorical scores at firm level from Bloom et al. (2012); and an indicator at the industry level for the shocks stemming from the 2008 Economic crisis. We then rely on the local projection method pioneered by Jorda (2005) to estimate the direct impacts of country management quality indicators and industry Economic shocks as well as their joint impacts, on five variables of interest: value-added, employment, labor productivity, wage per employee and labor share during the Great Recession. We find that, in countries where management quality is higher, production and employment are more resilient during the Great Recession, with less production losses and employment damages, no effects on productivity, wage moderation and a slight increase in the labor shares. It appears, moreover, that this resilience is increasing with the size of industry shocks. Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
