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dynamicsOrganisation
We analyze how the financial conditions of the firm affect the compensation structure of workers, the size of the firm, and its dynamics. Firms that are financially constrained offer long-term wage contracts characterized by an increasing wage profile, that is, they pay lower wages today in exchange of higher future wages, effectively borrowing form their employees. Because constrained firms also operate at a suboptimal scale, which then increases gradually over time, we have that younger and smaller firms grow faster and pay lower wages
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
Firms consider wages, current and expected productivity as well as firing and hiring costs when firi...
We analyze how the financial conditions of the firm affect the compensation structure of workers, th...
This paper studies the interactions between financing constraints and the employment decisions of fi...
We exploit time variation in the degree of development of local credit markets and matched employer-...
This article studies the interactions between financing constraints and the employment decisions of ...
Using measures of financial constraints on firms, we investigate whether financial constraints expla...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
2014-04-28This dissertation studies how firms make investment and employment decisions when they fac...
Abstract This paper studies the effects of changes in collateral requirements on the cyclical proper...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
Firms consider wages, current and expected productivity as well as firing and hiring costs when firi...
Firms adjust their employment to changes in output. But they tend to adjust it only partially. Typic...
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
Firms consider wages, current and expected productivity as well as firing and hiring costs when firi...
We analyze how the financial conditions of the firm affect the compensation structure of workers, th...
This paper studies the interactions between financing constraints and the employment decisions of fi...
We exploit time variation in the degree of development of local credit markets and matched employer-...
This article studies the interactions between financing constraints and the employment decisions of ...
Using measures of financial constraints on firms, we investigate whether financial constraints expla...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
2014-04-28This dissertation studies how firms make investment and employment decisions when they fac...
Abstract This paper studies the effects of changes in collateral requirements on the cyclical proper...
There is widespread evidence supporting the conjecture that borrowing constraints have important imp...
Firms consider wages, current and expected productivity as well as firing and hiring costs when firi...
Firms adjust their employment to changes in output. But they tend to adjust it only partially. Typic...
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal ...
Firms consider wages, current and expected productivity as well as firing and hiring costs when firi...
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